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FTX founder heads for trial on charges of stealing billions from users

IndiaTimes Tuesday, 3 October 2023
Sam Bankman-Fried, the former billionaire and founder of FTX cryptocurrency exchange, is set to go on trial for allegedly stealing billions of dollars from customers. He has pleaded not guilty to charges of fraud and conspiracy, but acknowledges inadequate risk management. His is the highest profile case US prosecutors have so far brought against a former cryptocurrency executive.
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