Following Sam Bankman-Fried’s (SBF) arrest in the Bahamas last night, the criminal indictment from the U.S. Department of Justice has been unsealed today and both the SEC and CFTC have filed civil lawsuits. We reported on the SEC filing earlier.
Bankman-Fried faces eight counts of criminal fraud. While the customers of FTX rank at the top of the list, the charges also include breaching campaign finance laws.
The charges are:
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