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FTX was run as a ‘personal fiefdom’ of Bankman-Fried, says company lawyers

FTX’s lawyers have alleged that substantial assets were missing from the firm as the bankruptcy proceedings continue. Lawyers of FTX have claimed that the company was run as a ‘personal fiefdom’ of Sam Bankman-Fried. The lawyers revealed this in the first bankruptcy hearing of the company, adding that they were facing challenges as a result […]

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