Sam Bankman-Fried, the founder and former chief executive of the cryptocurrency exchange FTX, has been charged with fraud, conspiracy to commit money laundering and conspiracy to defraud the US and violate campaign finance laws.
The eight criminal charges filed by the US attorney’s office for the southern district of New York on Tuesday follow civil charges brought by the US Securities and Exchange Commission (SEC) accusing the 30-year-old former billionaire of defrauding investors by building a company that was a “house of cards”.
“This is one of the biggest financial frauds in American history,” said Damian Williams, United States attorney for the southern district of New York. He said that while only Bankman-Fried had been charged so far: “We are not done.”
On Monday, police in the Bahamas arrested Bankman-Fried after receiving formal notification from the US of criminal charges against him.




The US Senate has passed the Respect for Marriage Act, legislation to protect same-sex unions that Democrats are hurrying to get to Joe Biden to be signed into law before
When Brown University's baseball season starts in February, one of the players taking the field will make history. Olivia Pichardo, a first-year student from Queens, N.Y., will be first woman on the roster of a Division I college baseball team in the U.S.






























