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Did drugs, fake money and office ‘sleepovers’ cause crypto’s $32bn blow-up?

As the sun beat down on the Baha Mar resort in the Bahamas, Sam Bankman-Fried was living his very best life.

On stage and before an invited audience, Sam was in his usual work attire of trainers, shorts and a T-shirt, but Tony Blair tried to put the founder at ease. “I’m feeling a little overdressed here,” Blair assured him. Between them, the former US president Bill Clinton chuckled.

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