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-0.00127145581691034 0 -0.00127145581691034 -0.00381436745073101 -0.000635727908455168 -0.000635727908455168 -0.000635727908455168 -0.000635727908455168
Stock impact report

Ex-crypto boss Sam Bankman-Fried slammed for committing ‘pure and simple, good old-fashioned fraud' [FOX Business Network]

Palantir Technologies Inc. Class A (PLTR) 
Disgraced crypto boss Sam Bankman-Fried was slammed for clearly participating in "fraud" a day after denying "improper use" of FTX customer funds and declaring he's "pretty embarrassed" by his mistakes. "I think that these were well-educated, sophisticated fraudsters. I think it's obviously fraud," Sen. Cynthia Lummis said on FOX Business' "Mornings with Maria," adding that "the Justice Department needs to get involved." SAM BANKMAN-FRIED SAYS HE HAS $100K LEFT IN BANK ACCOUNT AFTER FTX COLLAPSE The FTX founder claimed that the failure of his company was a "mistake" and that he "underestimated" the speed at which it could all fall apart in a widely publicized interview hosted by The New York Times. FTX's bankruptcy has rattled cryptocurrency markets and vaporized billions of dollars in investor money But Lummis rejected Bankman-Fried's claims of ignorance. "This was just pure and simple, good old-fashioned fraud," she said. Bankman-Fried, however, has directly denied frau Show less Read more
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