The SEC announces it has authorized charges against FTX founder Sam Bankman-Fried hours after his arrest in the Bahamas
The US Securities and Exchange Commission said it will file charges against FTX founder Sam Bankman-Fried on Tuesday relating to violations of securities law., the US Attorney's Office Southern District of New York confirmed.
"We commend our law enforcement partners for securing the arrest of Sam Bankman-Fried on federal criminal charges," Gurbir Grewal, the enforcement director for the SEC, wrote in a statement posted to Twitter.
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