Sam Bankman-Fried’s Lawyer Says FTX Investments Were Not ‘Reckless’

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Insurance Journal - Oct 18, 2023

FTX founder Sam Bankman-Fried’s lawyer on Tuesday said the now-bankrupt cryptocurrency exchange’s investments were not “reckless and frivolous,” pushing back against testimony by a former executive who called its spending on marketing and celebrity endorsements excessive. Nis...

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