The court filing of the SEC’s case against Sam Bankman-Fried (SBF) was released this morning. Attached and below is the filing with some initial observations.
Bob Bishop shared these observations with TGP this morning and on Twitter.
Bankman-Fried Indictment.pdf – Google Drive
The complaint is 28 pages long.
Though it was clear that the company could not make its payments, executives at FTX took out millions in personal loans. The company was involved in a variety of activities as well, including ‘yield farming.”
