FTX founder Sam Bankman-Fried still faces campaign finance charges, prosecutors say
Publishing timestamp: 2023-08-08 15:12:26
Summary
Federal prosecutors will include campaign finance charges in the existing indictment against Sam Bankman-Fried, the founder of failed crypto exchange FTX. The charges were initially dropped due to a procedural failing, but will now be included in the indictment. Bankman-Fried is accused of orchestrating a multibillion-dollar fraud and faces decades in prison if convicted. His trial is expected to begin in October.
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Keywords: investors, securities fraud, breaking news: technology, technology, breaking news: markets, collusion, corruption, united states, ftx token/usd coin metrics, business news, fraud and false statements, crime, markets, government and politics,