![FTX's $1B Fraud Lawsuit Targets Ex-CEO and Executives](https://metanews.com/wp-content/uploads/2023/07/C3FAE187-06B2-45FB-9DEE-9A7119A6CEA5-300x169.jpeg)
FTX’s $1B Fraud Lawsuit Targets Ex-CEO and Executives
Cryptocurrency platform FTX Trading is pressing charges against its founder, Sam Bankman-Fried, and several former executives in a lawsuit claiming over $1 billion in misappropriation. Delaware’s bankruptcy court complaint stated that the allegedly misused funds led to the company’s bankruptcy.