Breaking News: Sam Bankman-Fried Charged with Four Crimes

Breaking News: Sam Bankman-Fried Charged with Four Crimes

Sam Bankman-Fried, the co-creator of FTX, is facing four new charges in relation to the collapse of his cryptocurrency exchange. According to a newly unsealed indictment in a New York federal court, Bankman-Fried is accused of fraudulent activity through both FTX and the linked Alameda Research hedge fund. He is also alleged to have violated federal campaign finance laws by making secret donations to a congressional super PAC using the names of two executives.