Author: David Yaffe-Bellany and Erin Griffith

[ad_1] About 10 months earlier than he was arrested on fraud expenses, the cryptocurrency mogul Sam Bankman-Fried posed for {a photograph} on the 2022 Tremendous Bowl in Inglewood, Calif.On one facet of him have been Orlando Bloom and Katy Perry, the celeb couple. On the opposite was the actress Kate Hudson. Standing within the heart, together with his arm slung over Mr. Bankman-Fried’s shoulder, was a lesser-known determine: Michael Kives.Mr. Kives, a Hollywood agent turned investor, performed an uncommon function in Mr. Bankman-Fried’s enterprise empire: tremendous connector. He and his enterprise accomplice, Bryan Baum, helped the younger founder domesticate relationships…

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[ad_1] At a cryptocurrency convention in Denver this month, a bunch of singers clad in shiny orange onesies took the stage to carry out what one business web site later described as an anthem for the crypto devoted, a “blockchain ‘Blowin’ within the Wind.’”The refrain was an inventory of crypto’s most infamous villains, from the trash-talking entrepreneur Do Kwon to the disgraced FTX founder Sam Bankman-Fried, punctuated by four-letter expletives.“Within the subsequent bull market, we promise to not use,” the track continued, “centralized exchanges run by these poisonous dudes.”After a disastrous 2022, when a procession of distinguished crypto companies imploded, the business…

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