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FTX ‘Crypto King’ Speaks Out in Trial: Shocking Revelations of Harm Caused Emerge

FTX ‘Crypto King’ Speaks Out in Trial: Shocking Revelations of Harm Caused Emerge

The testimony of former crypto boss Sam Bankman-Fried in his fraud trial reveals the devastating consequences of the collapse of the FTX exchange he founded. Bankman-Fried acknowledges that “a lot of people got hurt” as a result of his mistakes while running the cryptocurrency exchange. This case highlights the need for proper risk management and accountability in the crypto industry to prevent harm to customers, employees, and companies.

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