FTX High Yield Bearing Account Investor Alert: Lawsuit Against Sam Bankman-Fried, Founder and Former CEO of FTX Trading LTD Filed
An investor, who purchased an allegedly unregistered security from FTX Trading LTD in the form of a yield-bearing accounts ('YBA") and funded the account with crypto assets to earn interest filed a lawsuit in the U.S. District Court for the Southern District of Florida against Sam Bankman-Fried for participating in FTX Trading LTD d/b/a FTX's offer and sale of allegedly unregistered securities in the form of yield-bearing YBAs to residents of the United States.
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