According to Yahoo finance, the Securities and Exchange Commission (SEC) has charged Sam Bankman-Fried, the CEO of Alameda Research, with a scheme to defraud investors. Bankman-Fried is accused of making false and misleading statements to investors regarding the performance of certain investments, engaging in manipulative trading activities and market manipulation to artificially inflate the price of certain investments, and failing to disclose material information to investors, including information about the performance of certain investments and the risks associated with them.