CNN One Thing

Inside the Fall of a ‘Crypto King’

Dec 18, 2022 · 18 min
0:00-18:57

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Sam Bankman-Fried promised to revolutionize the cryptocurrency industry through his exchange, FTX. Last week, he was arrested and charged with fraud, capping a month-long saga which saw the collapse of FTX along with his personal wealth. We examine how customers' money was allegedly stolen and what it all could mean for the future of the industry. 

Guest: Allison Morrow, CNN Business Senior Editor

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