After weeks of speculation, the U.S. Department of Justice has officially filed criminal charges against Sam Bankman-Fried, the former CEO and founder of FTX. Bankman-Fried was arrested on Monday in the Bahamas related to charges by U.S. officials.

U.S. Attorney Damian Williams posted on Twitter that the indictment would be unsealed Tuesday morning. Citing a person with knowledge of the matter, the New York Times reports that prosecutors for the Southern District of New York have charged Bankman-Fried with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering.

Bankman-Fried was the only member of the FTX inner circle—which included Caroline Ellison, the former CEO of Alameda Research and SBF’s former girlfriend, and FTX co-founder Gary Wang—named in the indictment.

Beyond the Justice Department charges, the U.S. Securities and Exchange Commission is also preparing to file its case against Bankman-Fried tomorrow.

We commend our law enforcement partners for securing the arrest of Sam Bankman-Fried on federal criminal charges,” SEC official Gurbir Grewal said. “The Securities and Exchange Commission has separately authorized charges relating to Mr. Bankman-Fried’s violations of our securities laws,…

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