Another indictment was revealed by US Attorneys charging Sam Bankman-Fried. His trial, commencing October 2023, will explore evidence related to an alleged campaign finance scheme.
The United States Attorneys’ offices has announced another superseding indictment against former FTX CEOIn an Aug. 8 letter to Judge Lewis Kaplan, U.S. Attorney Damian Williamsthe Department of Justice plans to pursue seven charges against SBF in its trial scheduled to begin in October.
“The superseding indictment will make clear that Mr. Bankman-Fried remains charged with conducting an illegal campaign finance scheme as part of the fraud and money laundering schemes originally charged,” said Williams. “The defendant’s use of customer deposits to conduct a political influence campaign was part of the wire fraud scheme charged in the original indictment.
Bankman-Fried was arrested in the Bahamas in December 2022 and later extradited to the U.S. to face charges related to the collapse of crypto exchange FTX. DoJ officials originally announced eight charges against the former FTX CEO, then added another five in separate superseding indictments in February and March 2023.
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