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The Bahamas , Sunday 31 May 2026

FTX Used ‘Old-Fashioned Embezzlement,’ New CEO Testifies

Published on: Monday 12 December 2022

FTX Used ‘Old-Fashioned Embezzlement,’ New CEO Testifies The new chief executive of the collapsed crypto exchange told a House committee that the company kept few records. U.S. prosecutors unveiled criminal charges against the FTX founder, who was arrested and appeared in court in the Bahamas.


News source: https://www.nytimes.com/live/2022/12/13/business/sam-bankman-fried-arrest-news

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