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Visualizing FTX's Ponzi Scheme

The graft must be visualized to be believed.

Sam Bankman-Fried, FTX's notorious founder, ran a modern-day ponzi scheme. Rather than retirees, his victims were sycophantic believers in cryptocurrency.

Like Trump, Bankman-Fried has only disdain for his most loyal supporters. How else could one explain how customer deposits (lefthand side) were used as a personal slush fund?

The graft must be visualized to be believed.

Flow chart with dozens of entries, with many green lines showing commingled funds

White-collar pain

Sam Bankman-Fried, currently detained in a Brooklyn prison, is not doing well these days. And, despite his deep pockets, Bankman-Fried's nightmare is likely just starting.

Properly delivered, justice can be long and harsh.