FTX founder charged with fraud in crypto exchange’s collapse

Published by
Reuters UK

By Chris Prentice, Luc Cohen and Jared Higgs NEW YORK/NASSAU, Bahamas (Reuters) – U.S. federal prosecutors on Tuesday alleged Sam Bankman-Fried committed fraud and violated campaign finance laws, and the founder and former CEO of FTX also faced additional charges by U.S. regulators. The 30-year-old Bankman-Fried arrived at a heavily guarded Bahamas court on Tuesday for his first in-person public appearance since the crypto currency exchange’s collapse. He could be extradited to the United States. “Mr. Bankman-Fried is reviewing the charges with his legal team and considering all of his legal o…

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