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Tag: FTX Founder

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FTX Founder Sam Bankman-Fried Could Face 50 Years in Prison

In Brief FTX founder Sam Bankman-Fried faces a potential 50-year sentence for orchestrating a major financial fraud. Convicted for defrauding investors and causing the collapse of FTX, his actions are described as driven by greed. The case highlights the need for stricter regulation in the crypto industry and serves as a cautionary tale. Convicted in…
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