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The CFTC sues Sam Bankman-Fried on fraud charges, alleging FTX "misappropriated customer funds", violated its TOS, extended Alameda unlimited credit, and more (Bloomberg)

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Bloomberg:

The CFTC sues Sam Bankman-Fried on fraud charges, alleging FTX “misappropriated customer funds”, violated its TOS, extended Alameda unlimited credit, and more  —  The Commodity Futures Trading Commission sued Sam Bankman-Fried, FTX and Alameda Research for violations of federal commodities laws.



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