The former head of FTX Sam Bankman-Frida was charged with fraud – Bits Media

Manhattan Federal Prosecutor's Office accused the founder of FTX of pre -reference fraud and non -targeted use of customer funds for billions of dollars.

Federal prosecutor Damian Williams (Damian Williams) Presented Sam Bankman Fried (Sam Bankman-Fried) Accusation in Eight criminal offenses, Including conspiracy and fraud using electronic communications. The indictment is approved, that the businessman conspired with his partners, to “deceive customers ftx.com, illegally assigning deposits and using these deposits to pay for expenses and debts Alameda Research ".

On Tuesday, 13 December, As separate court documents, The conclusions of the securities and exchanges commission were attached to the Bankman-Fried case (SEC) and commissions for commercial futures (CFTC) For his role in the collapse of ftx. SEC brought the former head of FTX the charge of organizing a scheme for the fraud of investors FTX Trading, And CFTC requires the court to give a legal assessment of violations of the American law on commodity exchanges.

The investigation was initiated by the Department of Complex Fraud and Cybercrime Prosecutor's Office of the Southern District of New York.

Recall, that the former head of the cryptocurrency exchange, He was arrested
Bahamian authorities on Monday, 12 December, In the evening at the request of the US government, Just a month after submitting a bankruptcy application FTX.