U.S. authorities have charged FTX cryptocurrency exchange founder Sam Bankman-Fried with a host of financial crimes, following his arrest in the Bahamas on Monday. Jackson Proskow explains what U.S. prosecutors are accusing Bankman-Fried of and how the implications for millions of customers and investors.
- Former FTX exec says he illegally donated millions to Democrats, Republicans
- FTX scheme was ‘plain, old-fashioned embezzlement,’ new CEO tells U.S. Congress