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coinpedia 2023-08-15 03:43:10

FTX Founder Jailed for Misusing Funds for Political Donations!

The post FTX Founder Jailed for Misusing Funds for Political Donations! appeared first on Coinpedia Fintech News Sam Bankman-Fried, founder of cryptocurrency exchange FTX, has had his bail revoked and been jailed ahead of his trial in October. The move follows allegations that he used customer funds stolen from sister company Alameda Research to make over $40m in donations to politicians, with prosecutors suggesting he aimed to use that influence to lobby …

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