Bankman-Fried Charged With 4 New Counts in FTX Criminal Case
110 Articles
110 Articles
New criminal charges slapped on FTX founder Bankman-Fried
Sam Bankman-Fried, the founder of the now-bankrupt cryptocurrency exchange was hit with new criminal charges on Thursday (February 24). The expanded indictment now accuses Bankman-fried of conspiring to make more than 300 illegal political donations. He now faces 12 criminal charges. Four out of them are for fraud and for conspiracy. Prosecutors have accused Bankman-Fried of stealing billions of dollars in FTX customer funds to plug losses at…
FTX’s Bankman-Fried faces new charges in updated indictment
NEW YORK — FTX founder Sam Bankman-Fried faced new fraud charges Thursday, as prosecutors accused him of cheating thousands of investors out of billions of dollars while casting himself as a trustworthy “savior of the cryptocurrency industry” — an image boosted by celebrity-studded Super Bowl advertising and big donations to political figures.
FTX's Sam Bankman-Fried faces new charges in updated indictment
FTX founder Sam Bankman-Fried faced new fraud charges Thursday, as prosecutors accused him of cheating thousands of investors out of billions of dollars while casting himself as a trustworthy "savior of the cryptocurrency industry" - an image boosted by celebrity-studded Super Bowl advertising and big donations to political figures.
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