"Sam Bankman-Fried's Trial: Hair, Evidence, and a Coin Flip"

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Source: Fox Business
"Sam Bankman-Fried's Trial: Hair, Evidence, and a Coin Flip"
Photo: Fox Business
TL;DR Summary

During the trial of Sam Bankman-Fried, the founder of FTX, his former girlfriend and CEO of Alameda Research, Caroline Ellison, revealed that Bankman-Fried believed his long hair played a significant role in his success, claiming it helped him secure higher bonuses and contributed to FTX's narrative and image. Bankman-Fried's appearance and hair also caught the attention of Hillary Clinton. Ellison testified that Bankman-Fried had ambitions for Alameda and FTX to become successful and influential companies, and he even expressed an interest in politics, mentioning a 5% chance of becoming president. Bankman-Fried is currently on trial for defrauding crypto investors of $1 billion.

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