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Warren Buffett on bitcoin and crypto: We've had an explosion of gamblingLearn how the FTX scam unfolded as one of the largest cryptocurrency exchange platforms files bankruptcy. Find out why the founder faces criminal charges. The customers had some form of crypto trapped on the FTX platform when company founder Sam Bankman-Fried stepped down amid fraud allegations. FTX has recovered over $7bn in assets to repay customers, and it has reached agreements with government regulators who have agreed to wait until.
