CFTC Charges Alameda CEO and Alameda and FTX Co-Founder with Fraud in Action Against Sam Bankman-Fried and his Companies cftc.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cftc.gov Daily Mail and Mail on Sunday newspapers.
The Commodity Futures Trading Commission today filed fraud charges against Caroline Ellison, Alameda CEO, and Gary Wang, Alameda and FTX Co-Founder, in an amended complaint filed in the U.S. District Court for the Southern District of New York.
The Commodity Futures Trading Commission today announced the filing of a complaint in the U.S. District Court for the Southern District of New York against Samuel Bankman-Fried, FTX Trading Ltd. d/b/a FTX.com (FTX), and Alameda Research LLC (Alameda).
<p><span>I support the</span><span> </span><span>Commodity Futures Trading Commission’s (CFTC) issuance of the Notice of Proposed Amendments to Reporting and Information Requirements for Derivatives Clearing Organizations (Notice). Across the diverse commodity and derivatives markets subject to CFTC oversight and in nascent markets where the CFTC’s visibility and enforcement authority may be limited, recent events demonstrate the need to adopt, implement, enforce, and continuously refine CFTC rules and regulations to foster fair, orderly, and transparent markets, to ensure effective protection of customer assets and to preserve market integrity. These efforts are critical to fulfilling our mandate.</span></p>
<p><span>Thank you to the Chairman for calling today’s open meeting, my fellow commissioners for their engagement, and the staff of the Commodity Futures Trading Commission (CFTC or Commission) for their hard work and dedication in preparing the items that we are considering today.</span></p>