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How Sam Bankman-Fried Conned the Crypto World
Behind the Bastards
The Worst Fucking Name on Earth
In his interview with Vox, Sam basically admits this, albeit in a slightly careful way. So FTX technically wasn't gambling with their money. The valuation was based entirely on nonsense calculations that were themselves based on lies from FTX's extremely cooked books. "I could not feel less safe. I couldn't feel less secure," he said.
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