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Sam Bankman-Fried built a ‘pyramid of deceit,’ prosecutor concludes during closing arguments

By Barnini Chakraborty
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Sam Bankman-Fried built a ‘pyramid of deceit,’ prosecutor concludes during closing arguments

FTX founder Sam Bankman-Fried built a “pyramid of deceit” and knowingly swindled customers out of billions of dollars to fund a lavish lifestyle and party with celebrities, federal prosecutors said Wednesday in their closing argument against the former crypto king.

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