FTX collapse: Bankman-Fried could end up in jail, says Mark Cuban

FTX collapse: Bankman-Fried could end up in jail, says Mark Cuban

Since the fall of his crypto empire on November 11, almost everything has been said about Sam Bankman-Fried.

His crypto brethren called him a “criminal”. They accused him of lying to clients and investors of his companies FTX and Alameda Research, a hedge fund that also operates as a trading platform.

“They lied. FTX lied. I think Sam lied to its employees, its users, its shareholders, regulators around the world, and all users,” said Changpeng Zhao, founder and CEO of Binance, during an event on Twitter on November 14. “So yeah, he should take most of the blame.”


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