Founder of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), faces additional charges such as political conspiracy and bank fraud, according to the new indictment.
The accusations of the federal judge presiding over FTX Founder SBF’s trial, Reuters reported Feb. expanding He stated that he wanted a new indictment to be prepared. In the recent past, at the request of the judge, the US Prosecutor Damian Williams In the indictment prepared by the SBF, the number of crimes charged 8 to 12 to the accusations, bank fraud, political conspiracy, securities fraud, and electronic fraud crimes were added.
He also defrauded banks
According to the information conveyed, the new charges include 8 crimes in the indictment prepared in December. similarity in the new indictment, bank fraud for the crime first time was mentioned. For the first time in this indictment, the SBF, in addition to its customers, defrauding the banks was accused. The indictment states that the SBF and its team were depositing customer funds in a bank. to hide And to forward account application for not to be rejected bank account for trading and market making that it will be used for misrepresentation allegedly given.
Authorities have previously agreed to open an account on the stock market. negative of a bank with mislead deliberately for North Dimension judicial screen He also stated in the indictment that a company was opened.
Left-Wed Political Donations with Client Funds
Allegedly, the SBF company centre-left through various managers to gain an impression. left-wing politician And civilian to formations various donations made. He also made donations to republican groups through some of its executives. left center view allegedly intended to represent
SBF’s gay rights advocate while being accused of illegal donations to encourage the passing of laws in favor of FTX To the LGBTQ Victory Fund over $1 million allegedly donated.
FTX manager of donations to Democratic groups Nishad Singh While it is reported that the donations made to republican groups are mostly carried out, the co-chairman of the stock exchange Ryan Salam allegedly managed.
In official records, Alameda’s political groups for the 2022 midterm elections not making any donations in the company’s internal records 100 million The details of political donations of more than $ USD were also among the points put forward in the indictment.
Experts say that the SBF is guilty of these accusations. to be sentenced in case of for decades He pointed out that he could face jail time.