Authorities in the U.S. will likely follow the legal route, in yet another setback for FTX founder Sam Bankman Fried. The Manhattan US attorney is preparing criminal proceedings against Sam Bankman Fried and the crypto exchange FTX. It is likely that the charges will be for defrauding customers. John Ray, the new CEO of the exchange, was charged earlier.
CoinGape’s Just In: Sam Bankman Fried To Facing Fraud Lawsuit In New York