The United States Attorney’s Office has released a new superseding indictment against former FTX CEO, which includes allegations of campaign finance law violations as part of a wire fraud scheme.
In an Aug. 14 filing in the U.S. District Court for the Southern District of New York, U.S. Attorney Damian Williams charged Bankman-Fried, who also goes by"SBF," with seven counts nearly identical to those he had faced upon arrival in the U.S. from the Bahamas in December 2022.
“By directing donations through Singh and another FTX executive, Bankman-Fried was able to evade restrictions on certain types of political contributions, and thereby maximize FTX’s political influence,” said the indictment.
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