Sam Bankman-Fried’s lies, prosecutors say, stretched back to the very beginning. From the founding of his cryptocurrency exchange FTX in 2019, Mr. Bankman-Fried engaged in widespread fraud, the federal authorities charged on Tuesday, and used his customers’ deposits to finance his political activities, buy lavish real estate and invest in other companies. A series of […]
The post FTX Under Sam Bankman-Fried Used ‘Old-Fashioned Embezzlement’: Live Updates appeared first on The Black Chronicle.