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Sam Bankman-Fried is different from Bernie Madoff, but still ends up in a Ponzi scheme

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Earlier today, SBF announced that it had filed for bankruptcy for FTX and Alameda Research, pushing the price of bitcoin even lower – below $17,000, along with the entire crypto-currency market. Ripple’s CTO believes that while many people on Twitter are now comparing FTX to Madoff’s Ponzi scheme, there is “huge apparent differences“. Nevertheless, he […]

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