The US Securities and Exchange Commission alleged in a court filing that Sam Bankman-Fried defrauded investors in FTX Trading Ltd., saying he was “orchestrating a massive, years-long fraud, diverting billions of dollars of the trading platform’s customer funds for his own personal benefit and to help grow his crypto empire.”
(Bloomberg) — The US Securities and Exchange Commission alleged in a court filing that Sam Bankman-Fried defrauded investors in FTX Trading Ltd., saying he was “orchestrating a massive, years-long fraud, diverting billions of dollars of the trading platform’s customer funds for his own personal benefit and to help grow his crypto empire.”
Read the full complaint here.
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