FTX Founder Accused of Embezzling Customer Funds for Political Contributions

Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, has been charged with stealing customer funds for political campaign donations. Prosecutors claim that Bankman-Fried used funds stolen from FTX sister company Alameda Research to make campaign contributions before the 2022 US midterm elections. He allegedly directed the money into the personal accounts of FTX executives, who […]