On Dec. 12, 2022, authorities arrested Sam Bankman-Fried, the former CEO of FTX, a cryptocurrency exchange, for financial misconduct connected to its collapse. His recent 25-year prison sentence ...
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It put the real money toward facilitating trades of less-real money, which generated profits whether crypto values went up or down. “Dollars are fungible with each other,” Sam Bankman-Fried, ...
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American cryptocurrency entrepreneur convicted of fraud
Samuel Benjamin Bankman-Fried (born March 5, 1992), commonly known as SBF, is an American entrepreneur who was convicted of fraud and related crimes in November 2023. Bankman-Fried... Wikipedia