Tuesday, 13 December 2022

In the SEC's Suit Against Bankman-Fried, What About the Customers?

FTX's Sam Bankman-Fried faces US SEC charges of fraud, after the crypto exchange collapsed last month. However, the SEC's lawsuit focused on a different group of alleged victims — the company's equity investors that reportedly included such firms as Sequoia, SoftBank, BlackRock and Temasek.

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