Nbc news breaks down what happened and why it matters.

The founder and former ceo of the massive cryptocurrency.

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How Sam Bankman-Fried’s FTX Crypto Empire Collapsed - The New York Times
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Sam Bankman-Fried’s downfall is complete - Hindustan Times
Sam Bankman-Fried's Downfall: All You Need To Know So Far - YouTube
Prosecutors say Sam Bankman-Fried will not face a 2nd trial - ABC News
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