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Big Banks and Big Rates

Motley Fool Money

CHAPTER

The FTX Fraud Trial Unveiled

This chapter revolves around the high-profile trial of Sam Bankman-Fried, founder of cryptocurrency exchange FTX, who faces serious fraud charges after $8 billion went missing post-collapse. The intense media scrutiny and courtroom dynamics reveal complicated personal and professional relationships, as witnesses present powerful testimonies against him. Amid discussions of ambition and financial mismanagement, the chapter examines the implications of risky investments and the legal strategies employed in defense of the controversial figure.

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