The US Justice Department, Securities and Exchange Commission and Commodity Futures Trading Commission went after Sam Bankman-Fried for his role in the collapse of FTX, in three separate court filings. The SEC alleges 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 Justice Department, Securities and Exchange Commission and Commodity Futures Trading Commission went after Sam Bankman-Fried for his role in the collapse of FTX, in three separate court filings. The SEC alleges 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 SEC complaint here.
Read the DOJ indictment here.
Read the CFTC’s allegations here.
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