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Federal prosecutors say this case is one for the record books this is one of the biggest Financial frauds in American history Sam bankman freed is accused of intentionally misleading cryptocurrency investors he faces up to 115 years in prison if convicted of eight criminal charges including wire fraud and money laundering he then misused those funds to make undisclosed Venture Investments lavish real estate purchases and large political donations its a sharp reversal of Fortune for the one-time king of crypto just a month ago he was the billionaire CEO of FTX one of the worlds biggest crypto exchanges with FTX I have everything I need to buy sell and trade crypto safely but amid reports the company was mishandling funds customers pulled their money out FTX filed for bankruptcy billions of dollars are now unaccounted for I think should go to jail and there should be some some way to have users recover their funds and so in recent interviews bankman freed has insisted He was unaware o