Bankman-Fried charged with using stolen customer funds for $100-million in U.S. political donations
Sam Bankman-Fried faces new charges for allegedly using stolen funds to make $100-million donation
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Sam Bankman-Fried faces new charges for allegedly using stolen funds to make $100-million donation
Sam Bankman-Fried used money he stole from customers of his FTX cryptocurrency exchange to make more than $100 million in political campaign contributions before the 2022 U.S. midterm elections, federal prosecutors said on Monday.
The new US indictment charges the former billionaire with seven counts of conspiracy and fraud over the collapse of FTX.
Sam Bankman-Fried used money he stole from customers of his FTX cryptocurrency exchange to make more than $100 million in political campaign contributions before the 2022 U.S. midterm elections, federal prosecutors said on Monday.
(Reuters) -Sam Bankman-Fried used stolen customer funds to make more than $100 million in campaign contributions ahead of the 2022 U.S. midterm electi...