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Cryptopolitan
2023-08-16 22:06:25

FTX founder Bankman-Fried exploited $100 million users funds on political donations, prosecutors claim

FTX founder Bankman-Fried exploited $100 million users funds on political donations, prosecutors claim

Authorities have levied allegations against the FTX founder, Sam Bankman-Fried (SBF), asserting he diverted over $100 million of user funds for political endeavors. Fresh filings this week unveil claims he cleverly maneuvered funds via two high-ranking FTX affiliates to navigate around donation limits. FTX Founder’s strategy: Casting nets on both sides The spotlight is firmly ... Read more

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