![Sam-Bankman-Frieds-FTX-Bankruptcy-Burning-Through-15M-in-Legal-Costs.jpg Sam Bankman-Fried's FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day](https://cryptotoptrends.com/wp-content/uploads/2023/08/Sam-Bankman-Frieds-FTX-Bankruptcy-Burning-Through-15M-in-Legal-Costs-678x381.jpg)
The guilty plea comes less than a month before the trial of Sam Bankman-Fried, the FTX founder, is set to begin. Bankman-Fried, who has pleaded not guilty to all of the charges against him, stands accused of orchestrating a multibillion-dollar fraud that ultimately culminated in FTX’s bankruptcy and the loss of funds for its customers.
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