Bankman-Fried, 30, stands accused of defrauding millions of investors in an elaborate crypto scheme run through FTX. At one point the third-largest crypto exchange in the world, FTX collapsed in a matter of days after balance sheets related to Bankman-Fried’s investment firm Alameda Research were leaked.
The indictment, first filed on Dec. 9, alleges that Bankman-Fried and his associates “willfully and knowingly did combine, conspire, confederate, and agree together and with each other to commit wire fraud,” while defrauding customers of FTX by “misappropriating those customers’ deposits and using those deposits to pay expenses and debts of Alameda Research.”
Digital currency is a scam artists wet dream.
Will the Democrat politicians who took $millions in stolen money give that money back?
How were they able to put their case against these folks together so quickly but we have yet to see a single charge come out of the 2008 financial crisis?
The Democratic party will be sure he gets Epsteined.
We told y'all this shit weeks ago FFS