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Day of Reckoning for FTX Founder Sam Bankman-Fried

It was a day of reckoning for FTX founder Sam Bankman-Fried. He is charged with eight criminal counts, including conspiracy and wire fraud, for allegedly misusing billions of dollars in customers’ funds before the spectacular collapse of his cryptocurrency empire. The disgraced former tech star was supposed to be at a congressional hearing, but instead was arrested in the Bahamas.

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