Janis FloresSEC says Bankman-Fried defrauded buyers of $1.8 billion
FTX co-founder Sam Bankman-Fried was once accused by way of U.S. regulators of wearing out a multiyear scheme to defraud buyers.
The Securities and Change Fee mentioned Tuesday that Bankman-Fried, who was once arrested on Monday within the Bahamas and is going through legal fees within the U.S., raised greater than $1.8 billion from buyers.