FTX Founder Sam Banker- Freid in sights of fraud inves…..

Report: FTX's Bankman-Fried is being investigated for fraud regarding money from the Bahamas. Sam Bankman-Fried

[{"selector":"#anim-a06cd459-4f25-48e5-8de9-6cb513bfaa59","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be0a19bf-dc04-4460-8bde-09afb6efcae5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] According to Bloomberg on Friday, FTX founder Sam Bankman-Fried is the target of a fraud investigation by US authorities over the handling of funds.

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[{"selector":"#anim-c419b01a-85b3-4806-94a3-1c6d5f31c562","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f983df27-7015-46a0-b066-7b18f68351d2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Ahead of the House Financial Services Committee hearing on December 13, Bankman-Fried stated earlier on Friday that he is "willing to testify."

Bankman-Fried wrote in twitter post --"I still do not have access to much of my data -- professional or personal. So there is a limit to what I will be able to say, and I won't be as helpful as I'd like,"

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the post in response to requests from Maxine Waters, chair of the House Financial Services Committee (D-CA)

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[{"selector":"#anim-12c09d76-7a80-4b6b-8a52-13b255c1cbbe","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be71dd79-8c4f-4b1d-b007-79213b14d1d1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] A spokesman for Bankman-Fried declined to comment to Bloomberg on the most recent report of an inquiry into fraud because he has not been charged with any crimes.

[{"selector":"#anim-f12fcddf-bb51-4083-a16f-ba9b3de8fb73","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c7264ed7-cd83-4433-aeae-27c2e7c149e6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] On Thursday, the New York Times reported that Bankman-Fried was reported to be struck with an investigation by federal prosecutors on whether….

[{"selector":"#anim-773308f9-519b-48dc-896a-1329529c0f53","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-70597a40-ebc5-4e37-91bf-f6ccc2462106 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] He destabilised his crypto empire in May by manipulating the prices of the terraUSD (UST-USD) and luna sister tokens, which resulted in their collapse.