Sam Bankman-Fried (SBF), former CEO of bankrupt cryptocurrency exchange FTX, has been summoned to Texas to respond to allegations of unregistered securities sales.
Texas State Securities Board (PTSD) On November 22, he issued an open summons Sam Bankman-Fried to respond to allegations that he violated various securities laws. February 2 called for a hearing to be held on
The allegations under investigation date back to before the FTX collapse. Sam Bankman-Fried company interest income accounts and buying and selling shares of publicly traded companies without a license. brokerage accused of doing. Also, the company deliberately hiding their financial facts is among the charges brought against the SBF. Install FTX before its bankruptcy He was known to research the stock market.
PTSB agreed in October to buy the assets of FTX’s bankrupt crypto lending platform Voyager, which overturned FTX’s securities laws. may have violated He had tried to delay it, citing concerns and an ongoing investigation into the matter.
The Board sent the subpoena to the SBF’s known address in the Bahamas and announced that the trial is an online platform. Zoom stated that it can be done through