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Coin-turk.com

2023-08-15 23:04:40

FTX CEO Sam Bankman-Fried Accused of Misusing Customer Funds for Political Campaigns

FTX CEO Sam Bankman-Fried Accused of Misusing Customer Funds for Political Campaigns

Millions of Dollars in Allegations The Ministry of Justice today accused Sam Bankman-Fried of diverting customer funds to contribute over $100 million to both Democrats and Republicans for political campaigns ahead of the 2022 US midterm elections. In a new indictment prepared on Monday, the Ministry of Justice stated that the 31-year-old Bankman-Fried, who was jailed on Friday, “misused FTX customer deposits and misappropriated them” and used them for various purposes, including politics.The post FTX CEO Sam Bankman-Fried Accused of Misusing Customer Funds for Political Campaigns appeared first on COINTURK NEWS.

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