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FTX founder acknowledges customers, others got hurt


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In this courtroom sketch, FTX founder Sam Bankman-Fried testifies while Judge Lewis Kaplan, left, stands, in Manhattan federal court, Friday, Oct. 27, 2023, in New York. (Elizabeth Williams via AP)

Though he was initially granted a $250 million personal recognizance bond and allowed to live with his parents in Palo Alto, California, the bond was revoked in August and he was jailed when Kaplan concluded that he had tried to influence potential witnesses at his upcoming trial.


Originally published at The Associated Press
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