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FTX Founder Found Guilty Of ‘One of Biggest Financial Frauds in American History’

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NOV 03, 2023 at 06:39 AM EDT

US Attorney Damian Williams said FTX founder Sam Bankman-Fried “perpetrated one of the biggest financial frauds in American history” after he was found guilty of fraud and money laundering in New York on November 2. Bankman-Fried, a 31-year-old former billionaire, once ran one of the world’s biggest cryptocurrency exchanges, FTX.

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