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CryptoGlobe 2023-10-05 04:51:38

DOJ Labels FTX a ‘House of Cards’ as Defense Shifts Blame to Caroline Ellison

The trial against Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, kicked off yesterday in New York. The U.S. Department of Justice (DOJ) began its case by characterizing Bankman-Fried’s crypto venture as a “house of cards built on a lie.” In contrast, the defense argued that Bankman-Fried acted in good faith and that the collapse

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