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Axios
Axios
Business

Sam Bankman-Fried charged with criminal fraud and money laundering

Sam Bankman-Fried FTX Bahamas Police

Federal prosecutors on Tuesday charged FTX founder and former CEO Sam Bankman-Fried with eight counts of fraud, conspiracy, campaign finance law violations and money laundering.

Driving the news: The disgraced crypto wunderkind was arrested Monday by police in the Bahamas and is expected to be extradited to the U.S.

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