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Sam Bankman-Fried is an American entrepreneur and former CEO of FTX, a cryptocurrency exchange he co-founded. He also founded Alameda Research, a quantitative cryptocurrency trading firm. Bankman-Fried was a significant figure in the crypto industry and known for his advocacy of effective altruism. However, he faced legal troubles when FTX collapsed in 2022, leading to bankruptcy filings and allegations of financial misconduct. He was arrested and charged with fraud and other offenses, creating a major scandal in the cryptocurrency world.
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