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#10Billion

Prosecutors Accuse FTX’s Sam Bankman-Fried Of Massive $10 Billion Theft, Here’s His Response

October 5, 2023

Sam Bankman-Fried denies $10B theft; calls accusations “baseless”.

FTX CEO Sam Bankman-Fried is facing allegations of a massive $10 billion theft from a group of prosecutors. Bankman-Fried issued a statement calling the case “baseless” and “without merit.” He also vowed to “vigorously fight” the charges.