“The autumn of FTX was not merely a results of sloppy enterprise and administration practices, however reasonably seems to have been attributable to intentional and fraudulent techniques employed by Mr. Bankman-Fried and different FTX executives to complement themselves,” the senators wrote. “In reality, Mr. Bankman-Fried had already revealed his true pursuits of self-enrichment final yr when he siphoned $300 million to his personal pockets.”
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