FTX Collapse: Sam Bankman-Fried’s Legal Troubles Mount

Published by
The Street

By Luc Olinga The disgraced crypto king faces four new criminal charges from prosecutors. The legal troubles of Sam Bankman-Fried, the fallen crypto king, are piling up and getting heavier. The founder of cryptocurrency exchange FTX, which imploded overnight on November 11, now faces four new criminal charges, according to court documents released on February 23. In total, SBF, as he is known in crypto space, now faces multiple criminal charges of fraud and conspiracy to steal money from customers of FTX and its sister company Alameda Research, a trading platform and a hedge fund, which also f…

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