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Knew we were talking about this tonight. more bad news for sam bankman-fried. federal prosecutors slapped the former crypto king with four new criminal charges today. including making hundreds, yes hundreds of illegal campaign donations to both republicans and democrats, often with customer funds. political finance contributor is here to give us the developments. >> and it's no good, you said it. within these charges, there are new details about this alleged straw donors game. what we are learning now that these prosecutors are now looking at 300 donations that were under the names of at least...

It's not unusual to change the plea during proceedings and october the 2nd, that is when the justice set the start of the trial. if found guilty, sam bankman—fried faces up to 115 years in prison. in multiple interviews before his arrest, including with the bbc, sam bankman—fried denied looting customers money. meanwhile, two senior ftx executives, caroline ellison and gary wayne, pleaded guilty to fraud charges and both are cooperating with federal prosecutors. for now, the former crypto king has been living with his parents in california since his release on bail. stay with us on bbc new...

Anytime soon since they cover for the biden administration. probably just bending it. like it's theirs, but it's not there is. that appears to be the position tonight. why aren't they immediately returning the money? even two of the beneficiaries o the bribes announced they're going to give that money back because how could you keep the money. the hours ago the democratic party returned freely in dollar they got from ftx executives, but there are a lot of other organizations in political campaigns that have not returne the money. look at this chart, that joe biden victory fund. liberals all, t...

For venture investments and for loans to himself and other ftx executives. all the while he continued to make misleading statements about the financial condition and risk management. even in november 2022 faced with billions of dollars in customer withdrawal requests that ftx could not fulfill, he mislead investors from whom he sought still more money to plug the multibillion dollar holes he created. his brazen scheme finally came to an end when ftx, alameda, and their tangled web filed for bankruptcy in november. that collapse has had far reaching consequences for customers, investors and cou...

To venture investments and for lorens to his slim and other ftx executives. all the while he continued to make misleading statement about the financial condition and about its risk management. even in november 2022, faced with billions in customer withdrawal requests that ftx could not fulfill, he misled investors from which he sought more money to plug the holes he had created. his braising multiyear scheme finally came to an end when the tangled web of affiliates filed for bankruptcy on november 11, 2022. that collapse has had far-reaching consequences for ftx customers, for its investors, a...