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Criminal and Civil Cases Against Bankman-Fried

Bloomberg Law

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SBS - What's the Biggest Financial Fraud in American History?

Prosecutors have said this was one of the biggest financial frauds in American history billions of dollars disappearing yet as you said and as John Ray who has taken over FTX said this is just plain old embezzlement so why did it take so long then for it to be discovered for it to fall apart. I think there's a number of reasons why. One is that SBS was able to successfully convince not only the customers of SBS and his investors but also the public at large that he was some sort of visionary because he had this large personality. Another factor is that there has been a lot of excitement about crypto and enthusiasm that has caused many who are not sophisticated in that space to

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