May 1, 2024
FTX Files To Recover $1 Billion From SBF And His Former Executives

FTX lawyers said that founder Sam Bankman-Fried and other executives used customer cash to fund personal their lifestyles. Bankman-Fried and members of his inner circle like Caroline Elisson, and Nishad Singh spent $1 billion funding stock buys, property purchases, and fraudulent loans. SBF is facing criminal charges from the DOJ while Ellison and Singh agreed to plea deals in America’s largest fraud case…
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