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What’s News: Business & Finance – WSJ – The Wall Street Journal

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Updated Dec. 22, 2022 12:01 am ET

Two associates of FTX founder Bankman-Fried have pleaded guilty for their roles in fraud that contributed to the cryptocurrency exchange’s collapse and are cooperating with federal investigators.

Bankman-Fried was transferred to U.S. custody to face criminal charges connected to the collapse of FTXafter a judge in the Bahamas approved his extradition.

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