The SEC is bringing charges against Sam Bankman-Fried – here are the key takeaways from the filing

Dec 13 2022 by Business Insider

 
Sam Bankman-Fried was arrested in the Bahamas on Monday evening.

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The SEC has filed charges against FTX founder Sam Bankman-Fried. It alleges that he was "orchestrating a massive, years-long fraud" by misusing customer funds. These are the top 5 takeaways from the SEC's filing, which was released Monday.

Following Sam Bankman-Fried's arrest on Monday evening, the SEC filed charges against him in a New York court on Tuesday.

It alleges that the FTX founder violated the...

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