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His mother sat behind him breaking stories about interest. Other funds were used to bond and subject to electronic to make tens of millions in political donations, court records. Before his arrest last month, orchestrated one of the "biggest financial frauds in American history"that he did not customer and investor money and of funds from customers of controlled hedge fund Alameda Research.
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RUIN: Money, Ego and Deception at FTXCrypto tycoon Sam Bankman-Fried found guilty on all charges in fraud trial Bankman-Fried faces up to years behind bars following guilty. Sam Bankman-Fried was one of the richest people in crypto, thanks to his FTX exchange and Alameda Research trading firm, before his empire came crashing. US prosecutors say they do not plan to conduct a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers.