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CFTC Sues Sam Bankman-Fried, Alameda Research for Fraud

In a filing, the regulator says Bankman-Fried misrepresented the health of his companies, impacting the price of bitcoin and ether.

Updated Dec 13, 2022, 5:21 p.m. Published Dec 13, 2022, 2:05 p.m.
Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)
Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)