Tack legend in FTX

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Aug 6th, 2022
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How to tack legend in FTX

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Hussein is the is the the center of all this I I promise you heamp;#39;s the one that is releasing everything and he tricked them into giving him the information and the evidence the last six months weamp;#39;ve been doing in-depth investigations into everything that FTX has been doing I mean some of the first articles that we put out were four or five months ago explaining exactly what happened now I was about to happen this is a crime as evil as it gets

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FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors. The exchange estimates that it has between $14.5 billion and $16.3 billion to distribute to them.
As for the losers, the biggest ones are everyday crypto users and honest entrepreneurs who just watched another massive scandal befall the industry, and who will pay the price for SBFs behavior. The winners and losers from the FTX assassination | Fortune Crypto fortune.com crypto 2022/11/09 the-winners- fortune.com crypto 2022/11/09 the-winners-
The government relied heavily on the testimony of three former members of Bankman-Frieds inner circle, his top executives including his former girlfriend, Caroline Ellison, to explain how Bankman-Fried used Alameda Research to siphon billions of dollars from customer accounts at FTX. FTX founder Sam-Bankman-Fried convicted of defrauding - PBS pbs.org newshour economy ftx-found pbs.org newshour economy ftx-found
The collapse of FTX, caused by a spike in customer withdrawals that exposed an $8 billion hole in FTXs accounts, served as the impetus for its bankruptcy. Prior to its collapse, FTX was the third-largest cryptocurrency exchange by volume and had over one million users.
FTX crashed due to mismanagement of funds, lack of liquidity and the large volume of withdrawals. Binance announced it would buy FTX to prevent a larger market crash, but quickly bailed out of the deal as more news reports of mishandled customer funds surfaced. FTX scam explained: Everything you need to know - TechTarget techtarget.com whatis feature FTX-sca techtarget.com whatis feature FTX-sca
NEW YORK, March 28 (Reuters) - Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkinds dramatic downfall. Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud reuters.com technology sam-bankman-fr reuters.com technology sam-bankman-fr
At Bankman-Frieds sentencing hearing, Kaplan agreed. He said FTXs customers had lost some $8bn and that its investors had lost $1.7bn.
Bankman-Fried was found to have stolen at least $8 billion from FTX customers. He was also ordered to pay $11 billion today.

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