Former Citadel Exec Blasts Sam Bankman-Fried's 'Greed' and 'Fraud' in FTX Scandal
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Former Citadel and Fintech exec Brett Harrison criticized Sam Bankman-Fried's leadership of FTX, calling it a case of greed and financial fraud.
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Harrison said Bankman-Fried refused to relinquish control of FTX despite admitting misuse of customer funds.
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Harrison emphasized the need to hold Bankman-Fried accountable and move on from the FTX scandal.
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The FTX case shows the need for skepticism when individuals rapidly grow businesses in an unsustainable manner.
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Harrison said the investor support for Bankman-Fried serves as a cautionary tale.