The accusations include allegations that Bankman-Fried made unlawful political contributions and committed commodities fraud. The new charges could add 40 additional years of prison time if he is convicted.
Estimated reading time: 0 minutes, 18 seconds
Criminal Charges Pile On SBF in Wake of FTX Disaster
Sam Bankman-Fried, the co-founder of the now-defunct FTX cryptocurrency exchange, was charged with four new criminal counts in a New York federal court. So reports CNBC.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 24 2020
-
Written by FinTech News Brief Staff
MicroStrategy Inc. became the first public company to invest “the…
-