Hailed as next Warren Buffet, Sam Bankman, whose crypto empire crashed

Bankman-Fried was the founder and CEO of the cryptocurrency exchange FTX, FTX.US and cryptocurrency trading firm Alameda Research.

FTX founder Sam Bankman-Fried led yearslong fraud at company, SEC says

[{"selector":"#anim-70878c1e-31e5-4b39-bc88-7e7fd6d1547b","keyframes":{"opacity":[0,1]},"delay":0,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be2b247f-66ed-48d3-ae5c-6aad2d2f48dd","keyframes":{"transform":["translate3d(132.87037%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-57621195-48a8-481f-b9fc-a1e07bc21194","keyframes":{"opacity":[0,1]},"delay":100,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9faa638a-b2e0-4877-9530-243a32a90b4c","keyframes":{"opacity":[0,1]},"delay":250,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

"The Securities and Exchange Commission has separately authorized charges relating to Mr. Bankman-Fried’s violations of our securities laws

[{"selector":"#anim-3b57a7ad-23af-42bf-8352-aa6369ea8e28","keyframes":{"opacity":[0,1]},"delay":250,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a86ccb9c-fc4b-4e88-b973-f528f840cc9e","keyframes":{"opacity":[0,1]},"delay":0,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cadfd6bc-95ee-4ba4-92b4-5805883f4555","keyframes":{"transform":["translate3d(-136.27452%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-faabac35-1068-4ab4-8bbb-4620c8a4f91c","keyframes":{"opacity":[0,1]},"delay":100,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

[{"selector":"#anim-387c51ae-03cc-4807-ab58-3a0ea5734fe9","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53c7cda1-7275-4d8b-b04b-6fdafc23d663","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5da3002f-3c9d-4f32-95b8-6a6218585f5e","keyframes":{"transform":["translate3d(-112.58065%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Bankman-Fried resigned as FTX's chief executive officer the same day as the bankruptcy filing. In a series of interviews and public appearances in late November and December

[{"selector":"#anim-91521423-7bec-42ca-961d-5038e2a39697","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d2769516-6e35-48a6-9ff7-b9aa3da428bb","keyframes":{"transform":["translate3d(-133.19837%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Meanwhile, the US Securities and Exchange Commission separately authorized charges relating to FTX founder Sam Bankman-Fried's violations of securities laws, the regulator said.

Bankman-Fried was the founder and CEO of the cryptocurrency exchange FTX, FTX.US and cryptocurrency trading firm Alameda Research.

FTX founder Sam Bankman-Fried led yearslong fraud at company, SEC says

Sam Bankman arrest

Sam Bankman arrest

"The Securities and Exchange Commission has separately authorized charges relating to Mr. Bankman-Fried’s violations of our securities laws