Samuel Bankman-Fried, founder and former CEO of FTX. Photo: AFP
Samuel Bankman-Fried, founder and former CEO of FTX. Photo: AFP

FTX CEO Sam Bankman-Fried charged with defrauding crypto investors of US$1.8 billion

  • Sam Bankman-Fried has been under investigation by the Bahamas and the US following the collapse of his cryptocurrency firm FTX last month
  • US Securities and Exchange Commission says the 30-year-old orchestrated scheme to ‘build house of cards on foundation of deception’

Samuel Bankman-Fried, founder and former CEO of FTX. Photo: AFP
Samuel Bankman-Fried, founder and former CEO of FTX. Photo: AFP
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