Monday, 18 Nov 2024

FTX founder Sam Bankman-Fried charged with defrauding investors

FTX founder Sam Bankman-Fried charged with defrauding investors


FTX founder Sam Bankman-Fried charged with defrauding investors
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Sam Bankman-Fried, the founder and former chief executive of the cryptocurrency exchange FTX, has been charged with fraud, conspiracy to commit money laundering and conspiracy to defraud the US and violate campaign finance laws.

On Monday, police in the Bahamas arrested Bankman-Fried after receiving formal notification from the US of criminal charges against him.

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