Interviews and documents from Sam Bankman-Fried’s trial suggest fraud was built into his crypto exchange from the beginning https://t.co/JXhZcK6S36 via @BW
New story — At ftx, the fraud started early With @chafkin https://t.co/qoZWCJ9F6F
New reporting from Bloomberg reveals Sam Bankman-Fried’s cheat code at FTX went even deeper than we thought: Listen to the Big Take podcast https://t.co/mRs7ra9yv6
Recent investigative reports and trial documents have highlighted allegations of systemic fraud at FTX, the cryptocurrency exchange founded by Sam Bankman-Fried. Described as 'old-fashioned embezzlement', the fraudulent activities were not just incidental but were built into the very foundation of the company. This revelation comes from a series of interviews and documents related to Bankman-Fried's ongoing trial. Additionally, Bloomberg's 'The Big Take' podcast delves deeper into the extent of the alleged fraud at FTX, suggesting that the issues were more profound than previously understood.
