Federal prosecutors in the Southern District New York have charged Samuel Bankman-Fried, former CEO and co-founder of cryptocurrency trading platform FTX, with eight counts of conspiracy and fraud, according to an indictment that was unsealed Tuesday morning.
The charges include conspiracy to commit wire fraud on customers, wire fraud on customer, conspiracy to commit wire fraud on lenders, wire fraud on lenders, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, conspiracy to commit money laundering, and conspiracy to defraud the United States and violate the campaign finance laws.
