The U.S. Southern District Court of New York unsealed an indictment related to the case against the founder of crypto exchange FTX, Sam Bankman Fried (SBF). The document revealed four new charges presented against the former crypto executive.
These charges include illegal political donations, bank fraud, conspiracy to commit bank fraud, and more. The new charges add to the eight allegations previously presented by the state and the potential for a life in prison sentence if SBF is found guilty.
FTX Founder And Team Playing Both Sides
Per a report from the New York Post, the indictment revealed a complicated scheme from SBF and other FTX executives to make illegal donations to politicians in the U.S. Over 300 candidates and elected government officials received donations from Bankman-Fried and other FTX executives.
The report claims that SBF donated to Republican and Democratic candidates and politicians to gain influence for “his own gain.” These donations have created controversy
We współpracy z: https://bitcoinist.com/ftx-founder-faces-4-charges-threatening-his-freedom/
