Sam Bankman-Fried stole customer funds from beginning of FTX: Exchange's co-founder
Saturday, 7 October 2023 Prosecutors allege that Bankman-Fried, 31, stole billions of dollars from investors and customers in order to fund a lavish lifestyle in The Bahamas and buy the influence of politicians, celebrities and the public. Gary Wang, FTX co-founder, is part of what has been referred to as the 'inner circle' of company's executives who have agreed to testify against Bankman-Fried in exchange for leniency in their own criminal cases.
FTX Founder Testifies , About Alameda Research , Concerns Prior to Collapse.
ABC reports that Sam Bankman-Fried testified that he
expressed concerns Alameda Research could become
insolvent four..
Credit: Wibbitz Top Stories Duration: 01:31Published
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Sam Bankman-Fried, the founder of FTX crypto exchange, took the stand in his own defense during his trial for fraud and misusing customer funds. Bankman-Fried... IndiaTimes
Saturday, 7 October 2023
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