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Published 1 month ago

Who is Sam Bankman-Fried, the onetime crypto mogul facing decades in prison?

  • Sam Bankman-Fried faces up to 50 years in prison after being found guilty of fraud and conspiracy, accumulating massive wealth through crypto trading.
  • Bankman-Fried built a successful hedge fund and crypto exchange, amassing a net worth of $26 billion by age 30 and using funds to support political causes.
  • Despite denial of theft, witnesses testified to his embezzlement, leading to a guilty verdict and plans to appeal the conviction.
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