FTX founder Sam Bankman-Fried led yearslong fraud at company, SEC says

FTX founder Sam Bankman-Fried led yearslong fraud at company, SEC says

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FTX founder Sam Bankman-Fried diverted customer funds from the start of his cryptocurrency exchange to support his hedge fund, Alameda Research, and to make venture investments, real-estate purchases and political donations, the Securities and Exchange Commission alleged in a lawsuit filed Tuesday.




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