Bankman-Fried, FTX, and Alameda face additional CFTC allegations.
By The Exchange Team
Charges against disgraced FTX founder Sam Bankman-Fried piled up on Tuesday.
New charges have been filed by the Commodity Futures Trading Commission against Bankman-Fried, FTX, and Alameda Research.
Alleging that FTX commingled customer cash and that the onetime crypto billionaire violated the Commodities Exchange Act.
The Southern District of New York prosecutors announced criminal charges against Bankman-Fried shortly after the charges.
Who is being held in the Bahamas after being arrested by local law enforcement on Monday evening?
The CFTC filing claimed that Bankman-Fried's hedge fund, Alameda Research, had access to "$8 billion in customer funds".
In an account nominally on FTX books but controlled and owned by Alameda.