U.S. prosecutors charged Sam Bankman-Fried, the former CEO of cryptocurrency platform FTX, with a host of financial crimes and campaign finance violations on Tuesday.
, with a host of financial crimes and campaign finance violations on Tuesday, alleging he played a central role in the rapid collapse of FTX and hid its problems from the public and investors.
Bankman-Fried was arrested Monday by Bahamian authorities at the request of the U.S. government, which charged him with eight criminal violations, ranging from wire fraud to money laundering to conspiracy to commit fraud. He was also charged with making illegal campaign contributions, a notable charge as Bankman-Fried was one of the largest political donors this year.
The maximum potential prison exposure from these charges is 115 years, according to Nicholas Biase, a spokesperson for U.S. prosecutors. A lawyer for Bankman-Fried, Mark S. Cohen, said Tuesday he is “reviewing the charges with his legal team and considering all of his legal options.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Former FTX CEO Bankman-Fried hit with eight count indictmentNEW YORK (AP) — U.S. prosecutors charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes and campaign finance violations on Tuesd…
Les mer »
FTX CEO Sam Bankman-Fried hit with eight count indictmentThe U.S. Securities and Exchange Commission has charged Sam Bankman-Fried, the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors.
Les mer »
Bankman-Fried, disgraced former CEO of FTX crypto exchange, is charged with fraudThe arrest was made at the request of the U.S. government, based on a sealed criminal indictment. The Securities and Exchange Commission says Bankman-Fried improperly diverted billions of dollars.
Les mer »
SEC charges former FTX CEO Sam Bankman-Fried with defrauding crypto investorsThe U.S. Securities and Exchange Commission on Tuesday charged Sam Bankman-Fried, the embattled former CEO of cryptocurrency giant FTX and trading firm Alameda Research, with defrauding investors.
Les mer »
SEC charges former FTX CEO Sam Bankman-Fried with defrauding crypto investorsAn SEC complaint alleges that Sam Bankman-Fried raised more than $1.8 billion from equity investors since May 2019 by promoting FTX as a safe, responsible platform for trading crypto assets.
Les mer »