Bankman money crimes revealed…

Bankman money crimes revealed…

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Scandal-plagued FTX mogul Sam Bankman-Fried took billions of dollars out of the cryptocurrency company to spend on swanky real estate, personal needs for himself and others and countless political donations, federal documents indicated. “It’s taking money from customers,” New FTX CEO John Ray told Congress during a scathing review of the company he took over from Bankman-Fried. “and using it for our own purposes.” Bankman-Fried was arrested in the Bahamas Monday and is facing federal charges in the US weeks after FTX filed for bankruptcy. Funds from FTX included more than $8 billion that went toward affiliated trading firm Alameda...
Source: https://nypost.com/2022/12/13/where-sam-bankman-fried-and-ftx-spent-funds-sec