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Behind Sam Bankman-Fried’s Cryptocurrency Crash

by Jeff Mackler, published on Socialist Action, December 4, 2022 “What is the robbing of a bank to the founding of a bank?” —Bertolt Brecht, The Threepenny Opera Thirty-year-old “wonder boy” Sam Bankman-Fried (often called SBF) was, at $21 billion, among the richest men on earth. Until a month ago, he was CEO of the second-largest cryptocurrency exchange in the[…]

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