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CBC News

FTX founder speaks, denies fraud

CBC News ·
CBC News
CBC News

Sam Bankman-Fried, once hailed as the 'King of Crypto,' spoke on video for the first time since the sudden collapse of his cryptocurrency exchange company FTX, pushing back against allegations of fraud. The former billionaire's company filed for bankruptcy last month, owing huge debts to its customers and creditors.

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Bankman-Fried Guilty

Former FTX co-founder Sam Bankman-Fried has been found guilty of defrauding investors and customers.