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Retrieved on: 2024-03-19 14:39:35
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Summary
The article discusses the criminal case against Sam Bankman-Fried, founder of the cryptocurrency exchange FTX, which went bankrupt. Victims' impact statements reveal the financial and emotional toll of FTX's collapse, as they face significant losses with Bitcoin's fluctuating value. The DOJ recommends a lengthy prison sentence for Bankman-Fried's fraud charges related to corporate crime in the cryptocurrency sector.
Article found on: cryptonews.com
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