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Market Wrap: FTX Was Sam Bankman-Fried’s 'Personal Fiefdom,' Lawyers Said

Summary by Ground News
Sam Bankman-Fried ran the collapsed crypto exchange as his own personal fiefdom, administrators told a bankruptcy court in Delaware. Inquest 'allowed everyone for the first time to really see under the covers and recognise that the emperor had no clothes,' said lawyer acting for new directors.

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Bitcoin.com broke the news in on Tuesday, November 22, 2022.
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