Bankman-Fried

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Returning the Favor – Pulling the Rug on Sam Bankman-Fried

Since November 2022, Sam Bankman-Fried’s fall from grace has been nothing short of spectacular. When Binance, a rival crypto exchange shockingly announced their liquidity crisis, Bankman-Fried and FTX immediately felt the shockwaves. Only a few days later, FTX filed for Chapter 11 bankruptcy and Bankman-Fried stepped down from his role as CEO.

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