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U.S. financial watchdog accuses Sam Bankman-Fried of fraud in FTX collapse

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According to a statement released on December 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC Chairman Gary Gensler explained that the U.S. financial regulator alleges that SBF has “built a house of cards on a foundation of deception.“ SEC Chairman Gary Gensler explained […]

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