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SEC Charges FTX CEO SBF for Defrauding Investors a Day After His Arrest

The United States Securities and Exchange Commission (SEC) has filed charges against Sam Bankman-Fried, the former CEO of now-bankrupt crypto exchange FTX. 

The SEC has charged Bankman-Fried with violating the anti-fraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The SEC’s complaint seeks injunctions against future securities law violation that prohibits Bankman-Fried from participating in the issuance, purchase, offer, or sale of any securities except for his own personal account.

(By PRASHANT JHA)

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

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FTX Token FTX Token $2.42
-1.95%
SEC FTX Sam Bankman-Fried
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