https://decrypt.co/117156/ftx-one-of-biggest-financial-frauds-american-histo... FTX 'One of the Biggest Financial Frauds in American History': Prosecutor Damian Williams The U.S. Attorney for the Southern District of New York gave insight today into the charges levied against Sam Bankman-Fried. A lawsuit against Bankman-Fried was also announced today by the Commodity Futures Trading Commission today over alleged violations of commodities law. Gretchen Lowe, acting director of the division of enforcement at the CFTC said it has identified $8 billion in customer losses as of today.