Could the government have stopped the massive crypto scams?
Prosecutors accused Sam Bankman-Fried of allegedly diverting billions of dollars of client funds placed on his crypto trading platform, FTX. Bankman-Fried, the alleged mastermind of this massive fraud, was arrested in the Bahamas. The Securities and Exchange Commission (SEC), the federal agency charged with protecting investors, also charged him with violating securities laws. The agency …
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