Commodity Futures Trading Commission et al v. Bankman-Fried et al

FTX Founder Ran Historic Fraud, Feds Charge

Prosecutors unveiled an indictment Tuesday charging disgraced FTX founder Sam Bankman-Fried with a multiyear scheme to siphon billions of dollars out of the now-collapsed crypto exchange, in what the Manhattan U.S. Attorney called "one of the biggest financial frauds in American history."