Sam Bankman-Fried, the former CEO of cryptocurrency giant FTX, defrauded investors by funneling money into his private hedge fund, according to a filing on Tuesday by the U.S. Securities and Exchange Commission. The SEC charges were filed in the Southern District of New York one day after Bankman-Fried, the once-celebrated founder and CEO of FTX, […]
The post Disgraced FTX CEO Sam Bankman-Fried ‘orchestrated yearslong fraud’ on investors, SEC says appeared first on The Black Chronicle.