Bad news for Bankman-Fried as Ellison and Wang plead guilty
Bankman-Fried has landed in the US as members of his inner circle, Caroline Ellison and Gary Wang, plead guilty to an array of fraud charges.
Bankman-Fried has landed in the US as members of his inner circle, Caroline Ellison and Gary Wang, plead guilty to an array of fraud charges.
Bankman-Fried will face criminal charges stateside. Meanwhile, FTX demands that third parties return funds given before its collapse.
Pages of charges filed against Sam Bankman-Fried by the SEC, CFTC, and SDNY reveal a lot about his alleged operations.
The US Department of Justice is reportedly debating the outcome of a four-year investigation into Binance for money laundering and more.
Sam Bankman-Fried has been arrested in the Bahamas and awaits extradition to the US, where he faces a series of criminal charges.