It's stacking up: SEC to file separate charges against FTX's SBF

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The US Securities and Exchange Commission has piled in on the SBF smackdown by announcing its own separate charges against the former FTX CEO.

Grewal said the charges will be filed publicly “tomorrow” on Dec. 14 at the Southern District of New York .FTX was an 'utter failure of corporate controls at every level of an organization', says new CEO

The SEC’s announcement comes only hours after news broke of Sam Bankman-Fried’s arrest in The Bahamas on Dec. 12. In a statement from Senator Ryan Pinder, the Attorney General of the Bahamas, Pinder said the arrest followed receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition.to be in relation to wire and securities fraud, conspiracy to commit wire and securities fraud and money laundering.

In his latest statement, Grewal commended its SEC’s “law enforcement partners” for securing the arrest of Bankman-Fried on federal criminal charges.

 

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Hope people learn from this!The answer is real defi and the key word is trustless!!!!

🤔SEC - how come they first fast-track someone, and then throw them under the bus when things go wrong.

Something tells me that this CEO can go to jail for a long time.

Something doesn’t add up..

And how about charging their own GaryGensler ?

ChangTa37080133 internetfightclub

but why now …? its obvious he was about to spill the tea on everybody

Natural Life sentence plz

What’s going to happen to binance stake in Twitter ? Will elonmusk come to the rescue?

I think the dems will get him out of this 💩.

I believe BNB to $ 200 is next, and bad news when BNB gets to $ 200 and that bad news gets BNB to crash further down to $ 75 upto $ 50. As pet chart shows it as well. Let me know if I am day dreaming. NFA. Copy paste FTT gameplan on Binance. Just in case. Opinion

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