Sam Bankman Fried Was The Robber Barron And FTX Was His Fiefdom (11/24/22)

Published: Nov. 24, 2022, noon

It seems that with each passing hour we are hearing new and more disturbing details about the fraud that occurred at FTX. From pilfering customers funds to buy real estate for friends and family to cashing out a cool 300 million for himself after raising 400 million that was supposed to be for the company, SBF and FTX was involved in it all. All of this and more are coming to light as the first stage of the bankruptcy process begins in Delaware.

Let's dive in and check it out.

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bobbycapucci@protonmail.com


source:

https://nypost.com/2022/11/22/sam-bankman-fried-ran-ftx-like-personal-fiefdom-as-firm-spent-300m-on-luxury-real-estate/