Dismal's Smacks

🌙 ☀️

Sign in Subscribe

SEC Alert! SEC Charges Samuel Bankman-Fried with Defrauding Investors in Crypto Asset Trading Platform FTX Defendant Concealed His Diversion of FTX Customers Funds to Crypto Trading Firm Alameda Research While Raising More Than $1.8 Billion from Investors

Source: https://www.sec.gov/litigation/litreleases/2023/lr25616.htm

Read next

The Fed Brings Enforcement Action Against FTX-Linked Farmington State Bank, and its holding company, FBH Corporation. (The bank that had just 3 employees until SBF invested in it...)

The Fed Brings Enforcement Action Against FTX-Linked Farmington State Bank, and its holding company, FBH Corporation. (The bank that had just 3 employees until SBF invested in it...)

" Federal prosecutors have seized $50 million from the one-branch Farmington State Bank that they allege in court records were deposited there as part of FTX founder Sam Bankman-Fried’s wide-ranging scheme to defraud investors through his massive cryptocurrency exchange business. " https://www.spokesman.com/stories/2023/jan/24/

Sam Bankman-Fried Faces New U.S. Indictment Over Chinese $40 million Bribery Charge.

Source:https://storage.courtlistener.com/recap/gov.uscourts.nysd.590940/gov.uscourts.nysd.590940.113.2.pdf Reddit Post

Feds seize almost $700 million of FTX assets in Sam Bankman-Fried criminal case. Federal prosecutors seized over $697 million in cash and assets connected to Sam Bankman-Fried, court filings from Friday show, primarily in the form of Robinhood shares.