CLEAN : US Attorney details Bankman-Fried indictment following arrest

CLEAN : US Attorney details Bankman-Fried indictment following arrest

Assessment

Interactive Video

Social Studies

10th Grade - University

Hard

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The video discusses the indictment of a major financial fraud involving FTX and its founder. It outlines four main areas of misconduct: defrauding customers, lenders, and investors, and violating campaign finance laws. The fraud is described as one of the largest in American history, with billions of dollars stolen for personal use and political influence. The misuse of customer funds and illegal campaign contributions are highlighted as key issues.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the nature of the illegal campaign contributions made by Bankman-Fried?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Bankman-Fried disguise the source of the campaign contributions?

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