Diagram of US allegations v. Sam Bankman-Fried – download now
nftjedi
We’ve constructed a diagram or chart outlining the United States government’s cases against Sam Bankman-Fried from the criminal indictment, SEC complaint, and CFTC complaint.
It might be as complicated as it looks.
As current FTX CEO John Ray testified before Congress: “This is really just old-fashioned embezzlement. This is just taking money from customers and using it for your own purpose. Not sophisticated at all. Sophisticated, perhaps, in the way they were able to hide it from people, frankly, right in front of their eyes. This is just plain old embezzlement. Old school, old school.”
"This is really old-fashioned embezzlement," new FTX CEO John J. Ray says in a House hearing on the collapse of the crypto firm. "This is just taking money from customers and using it for your own purpose. Not sophisticated at all." https://t.co/pCOnzeV449pic.twitter.com/5oaJyPM5JW