The SEC accuses Sam Bankman-Fried of the fraud of investors

The US WERTALPATORCHAUCHERSTEN has accused Sam Bankman-Fried to have cheated on the Bahamas investor on his bankruptcy cryptocurrency exchange FTX.

The Securities and Exchange Commission said on Tuesday that she accused Bankman-Fried of cheating risk capital and other equity investors who have been pumping $ 1.8 billion in Nassau since May 2019, most of which are located in the USA.

"We say that Sam Bankman-Fried built a house on a basis of the deception while he told the investors that it was one of the safest buildings in cryptotechnology," said Secy Chairman Gary Gensler.

Bankman-Fried was arrested on the Bahamas in his luxurious penthouse in his luxurious penthouse after US prosecutors filed a criminal complaint. The Federal Prosecutor's Office in the southern district of New York said that the case against the 30-year-old would be unveiled later on Tuesday morning.

The Wall Street supervisory authority claimed that Bankman-Fried had advertised his company in potential equity investors as a safe and reliable player in the Wild West of digital assets and focused on promoting the company's sophisticated risk management. In reality, the supervisory authorities said that Bankman-Fried had "staged years of fraud" in order to hide the "redirection of FTX customer funds to Alameda Research", its private trading company.

Before his collapse into the past month, FTX was rated $ 32 billion and had won the support of several most famous investors worldwide, including Blackrock, Temasek and the Ontario Teachers' Pension Plan.

"The alleged fraud of Bankman-Fried is a wake-up call to crypto platforms that you have to comply with our laws," said Gensler. The SEC said its investigation into FTX was underway.