FTX founder Sam Bankman-Fried facing up to 155 years in jail after new fraud charges announced

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Euronews (English)

FTX founder Sam Bankman-Fried faced new fraud charges on Thursday, as prosecutors accused him of cheating thousands of investors out of billions of dollars while casting himself as a trustworthy “saviour of the cryptocurrency industry”. New charges, including securities fraud and conspiracy fraud counts, were unveiled with the unsealing of the refreshed indictment in Manhattan federal court in New York. In a statement, US Attorney Damian Williams hinted again that prosecutors were not finished building their case. FTX customers file class action lawsuit against the failed crypto exchange and f…

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