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The Right Coast
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Prosecutors say FTX was engaged in a massive, yearslong fraud

By Thomas A. Smith

Sam Bankman-Fried s lies, prosecutors say, stretched back to the very beginning.

From the founding of his cryptocurrency exchange FTX in 2019, Bankman-Fried engaged in widespread fraud, the federal authorities charged on Tuesday, and used his customers deposits to finance his political activities, buy lavish real estate, and invest in other companies.

via www.msn.com