FTX founder Sam Bankman-Fried indicted on new criminal charges, including campaign finance violations | CNN Business

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Federal prosecutors announced new criminal charges against Sam Bankman-Fried, the founder of crypto trading platform FTX, expanding his potential liability in what authorities allege is a billion dollar fraud

Bankman-Fried was charged in December in an eight-count indictment. On Thursday an indictment was unsealed adding new charges for a total of 12-counts, including conspiracy to operate an unlicensed money transmitting business, conspiracy to commit bank fraud, and securities fraud. Bankman-Fried, who was released on a $250 million bond, previously pleaded not guilty to charges announced in December, including one count of conspiracy to violate campaign finance laws.

That contribution was made in another FTX executive’s name because “there was not anyone ‘trusted at FTX [who was] bi/gay” in a position to make the contribution,” the new indictment says. Despite the employee’s discomfort with the situation a political consultant working for SBF told the executive, identified in the indictment as CC-1, “in general, you being the center left face of our spending will mean you giving to a lot of woke shit for transactional purposes.

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SBF is pure evil.

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