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CFTC Plans To Sue Sam Bankman-Fried for Fraud

U.S derivatives regulator Commodity Futures Trading Commission (CFTC) is planning to sue the co-founder of bankrupt crypto exchange FTX, Sam Bankman-Fried, for fraud, Bloomberg reported, citing a source.

CFTC will bring a case against Bankman-Fried, FTX and Alameda Research, according to the report.

The Bloomberg report comes after the U.S. Securities and Exchange Commission (SEC) filed charges against Bankman-Fried for defrauding FTX investors.

The CFTC was not immediately available for comment.

See related article:

SEC Charges Sam Bankman-Fried for Defrauding Equity Investors

 What Media Has Sam Bankman-Fried Invested in Other Than The Block? Here Is a List

Bahamian AG and Prime Minister Announce Sam Bankman-Fried’s Arrest in the Bahamas

SBF Charged With Conspiracy, Wire Fraud, Money Laundering by Justice Department, Securities Violations by SEC

Sam Bankman-Fried Blames CZ For The FTX Collapse

CFTC FTX Sam Bankman-Fried
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