Sam Bankman-Fried: Transition from Crypto Mogul to Fraud Conviction

Sam Bankman-Fried emerged as a rising star in the crypto world, briefly heralded as the future icon of the industry.

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He experienced a dramatic downfall following the disclosure of unauthorized fund transfers.

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He was found guilty of orchestrating a fraudulent scheme and is now looking at the possibility of a life sentence behind bars.

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Transitioning from a physics graduate to a billionaire, he rapidly accumulated a staggering fortune of $26 billion.

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Within months, his startup became the world's second-largest crypto exchange.

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He gave testimony in Congress and assumed the role of a cryptocurrency ambassador.

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With his unconventional style, he captivated both lawmakers and celebrities.

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He gambled with FTX customer funds, leading to his empire's downfall and legal woes.

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Bankman-Fried practiced effective altruism through significant donations.

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