Feds Drop Sam Bankman-Fried’s Campaign Finance Charges

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Campaign finance charges against fallen FTX founder Sam Bankman-Fried will be dropped.

Campaign finance charges against fallen FTX founder Sam Bankman-Fried will be dropped, federal prosecutors revealed Wednesday.

Bankman-Fried was slapped with charges including wire fraud, conspiracy to commit money laundering, conspiracy to commit securities fraud, and campaign finance violations in December after the crumbling of FTX, a cryptocurrency exchange. That month, he was extradited to the United States from the Bahamas, where his company was based.

But in a Wednesday court filing, prosecutors said officials in the Bahamas didn’t intend to extradite him on the campaign finance charges. “In keeping with its treaty obligations to the Bahamas, the government does not intend to proceed to trial on the campaign contributions count,” prosecutors

 

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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Sam Bankman-Fried Won't Face Campaign Finance Charge, U.S. DOJ SaysThe U.S. Department of Justice said late Wednesday it did 'not intend to proceed' with a campaign finance charge against FTX founder Sam Bankman-Fried, due to extradition treaty obligations with The Bahamas. nikhileshde reports
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DOJ Will Not Pursue Campaign Finance Charge Against Sam Bankman-FriedThe Bahamas government informed U.S. authorities that the campaign finance charges were not part of the agreement between the two nations over Bankman-Fried’s extradition from the island nation.
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DOJ Drops Campaign Finance Charge Against Sam Bankman-FriedThe U.S. Department of Justice (DOJ) informed a federal judge late Wednesday it did 'not intend to proceed' with a campaign finance charge against disgraced FTX founder and Democrat super donor Sam Bankman-Fried.
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Sam Bankman-Fried faces potential gag order after witness-tampering allegations | CNN BusinessA federal judge is set to consider a gag order on former FTX CEO Sam Bankman-Fried after prosecutors accused him of leaking his former girlfriend and business partner’s personal writings to the New York Times.
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