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Additional reporting by Sherin Shibu.
The collapse of Sam Bankman-Fried’s FTX crypto empire was not only felt by those deep in the crypto community — some big-name entrepreneurs and celebrities lost a lot of money, too.
Although SBF allegedly led investors to believe he could bring them high returns with little risk, more than a million people may have been affected by the collapse, and big-spending-crypto-newbies quickly found out that trading crypto isn’t for the faint of heart.
RELATED: Sam Bankman-Fried Sentenced to 25 Years in Prison for Multibillion-Dollar Crypto Fraud
In November, Bankman Fried was found guilty on seven counts of
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