The U.S. Department of Justice 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.
Consultation with the Bahamas on the campaign finance charges in Bankman-Fried’s original extradition document last year were behind the decision as part of an effort to adhere to the legal obligations therein, ForbesThe campaign finance violation charge was among eight counts present in the DOJ’s original indictment—which also includes wire fraud, securities fraud and money laundering—in December.
Samuel Bankman-Fried departs Manhattan federal court in New York, Thursday, Feb. 9, 2023, in New York. addressed to New York federal judge Lewis Kaplan, the Bahamas did not include the eighth charge from the original indictment, a campaign finance violation, in its extradition treaty. “The Government has been informed that The Bahamas notified the United States earlier today that The Bahamas did not intend to extradite the defendant on the campaign contributions count,” the DOJ letter said. “Accordingly, in keeping with its treaty obligations to The Bahamas, the Government does not intend to proceed to trial on the campaign contributions count.”
The notice came hours after a hearing over Bankman-Fried’s alleged attempt to discredit former Alameda Research executive Caroline Ellison by sharing private documents with theThe FTX founder has been accused of taking more than $2 billion in “loans and payments” from the firm during his time as CEO, as Breitbart NewsFTX founder Sam Bankman-Fried has been accused of taking more than $2 billion in “loans and payments” from the firm during his time as CEO.
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