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Breaking: Manhattan Court Finds FTX Founder SBF Guilty To Wire Fraud

The FTX founder has found himself in a whirlwind of federal indictments today, with the Securities And Exchange Commission charging Sam Bankman-Fried with defrauding investors by using billions of dollars of customer funds for undisclosed venture capital and now also by the Manhattan federal court where SBF has been charged with conspiracy to commit wire fraud.

According to an indictment presented by the United States Attorney for the Southern District of New York, the founder of FTX, Samuel Bankman-Fried, was charged with eight counts of criminal offenses, including conspiracy and wire fraud, for the alleged misuse of customer cash.

See related article:

 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

(by Pratik Bhuyan)

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