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SBF gets arrested, The Block’s CEO gets a bag from FTX, + Walmart launches a BNPL service | E1636
This Week in Startups
Is This a Bank Run Fraud?
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Michael McCaffrey, the former CEO and majority owner of FTX in 2021, took a series of loans from Sam Bankman. The house listed under his parents name was worth $16.4 million. So he spent our LPs money buying journalists. It's like you don't buy this kind of influence. You don't spend this kind of money.
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