Bankman-Fried Guilty in FTX Collapse That Shook Crypto World
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Sam Bankman-Fried was found guilty of fraud related to the collapse of the cryptocurrency exchange FTX.
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The crypto industry is trying to distance itself from FTX, but the scandal still casts a shadow.
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Prices for cryptocurrencies like Bitcoin plummeted after FTX's failure, leading to a "crypto winter."
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Regulators have cracked down more on crypto since FTX, but Congress has yet to pass major legislation.
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Some investors remain interested in crypto, and a few firms are even interested in buying the remnants of FTX.