US authorities have uncovered an additional $10 million connected to Sam Bankman-Fried, intensifying the scrutiny on the former FTX CEO amid ongoing investigations. This discovery adds to the mounting legal challenges Bankman-Fried faces following the collapse of his cryptocurrency exchange.
In a separate development, former Celsius CEO Alex Mashinsky has opted to represent himself in court. Mashinsky is embroiled in legal proceedings related to the downfall of Celsius Network, which filed for bankruptcy amid allegations of financial mismanagement.
Meanwhile, Washington state has approved a ban on cryptocurrency ATMs, citing concerns over their use in scams. The decision reflects growing regulatory efforts to curb fraudulent activities in the crypto space.
US Authorities Discover $10M Linked to Sam Bankman-Fried; Washington Bans Crypto ATMs
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