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Criminal and Civil Cases Against Bankman-Fried

Bloomberg Law

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Introduction

Federal prosecutors moved at warp speed to charge FTX founder Sam Bankman freed in a sweeping eight-count indictment. He allegedly misappropriated billions of dollars for his personal use and risky bets by sister trading house Alameda. Just a few weeks ago Bankman freed was on ABC TV denying any comparison to Bernie Madoff.

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