Bankman-Fried, who is set to go on trial this fall, faces over a dozen different charges ranging from wire, securities and commodities fraud allegations to bribery claims. The charges were brought across multiple superseding indictments tied to his conduct as former Chief Executive Officer of the Bahamas-based crypto exchange FTX, which collapsed dramatically last November, filing for bankruptcy alongside nearly 100 related firms and subsidiaries.
Bitcoin (BTC) Stuck in $66,000 Zone? Bonk (BONK) Secures 80% Breakthrough, Ethereum (ETH) Enters Battle Mode
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