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Almeda research
A rejuvenated FTX stands a chance under new leadership, provided they approach it with a thorough comprehension of legal considerations, according to SEC Chair Gary Gensler in an interview with CNBC during DC Fintech Week.
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According to an article on CoinTelegraph, Bitcoin did not reach $100,000 during the 2021 bull market due to the assertion that the now-defunct exchange FTX continuously offloaded BTC.
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Gary Wang, the former co-founder and chief technology officer of FTX, testified before a jury, asserting that he, along with Bankman-Fried, and former colleagues Caroline Ellison and Nishad Singh, were involved in various fraudulent activities.
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