From Crypto Robin Hood to Massive Fraud Charges: The Stunning Downfall of Sam Bankman-Fried
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Sam Bankman-Fried portrayed himself as a Robin Hood of crypto but prosecutors say he committed massive fraud, stealing billions from FTX customers.
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Prosecutors highlighted Bankman-Fried's lavish lifestyle and celebrity connections, including ads with Tom Brady and Larry David.
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Defense claims Bankman-Fried acted in good faith, blames FTX collapse on cryptocurrency crash and actions of deputies.
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Three former executives, including Bankman-Fried's ex-girlfriend, have pleaded guilty and will testify against him.
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Bankman-Fried faces 7 charges including wire fraud and conspiracy, faces potential decades in prison if convicted.