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CNN CNN This Morning June 4, 2024 12:03:00

If you tell people you re going to take their money and handful in one way and do the opposite thas that is the basis for most security fraud charges. what i m told here. money segregated between ftx and hedge fund saying one account. this money used for investments. they say allegations are he took out $1.3 billion in loans to himself and used that money to buy condos, real estate for his family, fund large political donations and other venture investments. a simple, i m going to manage your money, don, i can t do something with it i ve told you i won t. let me ask you, kara, not sure, maybe both of you. the concern that we, it was thought, maybe he couldn t be kr charged with anyone because he s not regulated. people wondering, well, what happened? why is he charged now? i think that there was a lot of confusion about what the actual evidence would be here, ....

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