The criminal indictment against Bankman-Fried and "others" at FTX is on top of civil charges announced Tuesday by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The SEC alleges Bankman-Fried defrauded investors and illegally used their money to buy real estate on behalf of himself and his family.
U.S. authorities said they will try to claw back any of Bankman-Fried's financial gains from the alleged scheme.
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