
Front Burner Presents | The Naked Emperor E1: The Hype
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Sam Bankman's Indictment Against FTX's Founder
Sam Bankman freed companies worth billions had gone bankrupt. His personal fortune was wiped out in what Bloomberg called one of history's greatest ever destructions of wealth. This morning, we unsealed an eight count indictment charging him with a series of fraud schemes that contributed to FTX's collapse. Investigators are left combing through a company that had been one of the biggest cryptocurrency exchanges in the world.
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