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The Sam Bankman-Fried Trial Is Revealing Crypto’s Amateur-Hour Ways
The Sam Bankman-Fried Trial Is Revealing Crypto's Amateur-Hour Ways Paradigm, BlockFi, Genesis and other companies did not have access to audited financial statements prior to investing or loaning billions to FTX, FTX.US. and Alameda Research, according to testimonies given in the trial of Sam Bankman-Fried. Rather, these investors and lenders looked at unaudited financial statements and spoke with the executive...
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