7min chapter

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SBF, FTX, WTF? Sam Bankman-Fried goes on trial

Economist Podcasts

CHAPTER

The Fall of FTX: A Legal Odyssey

This chapter explores the dramatic legal downfall of FTX founder Sam Bankman-Fried, detailing his arrest and the severe charges he faces for fraud and conspiracy. It contrasts his meteoric rise in the crypto world with the catastrophic collapse of FTX, uncovering the serious mismanagement and alleged misappropriation of customer funds. The ongoing trial highlights the intricate financial relationships within the industry and the complex defense strategies at play.

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