FTX founder Bankman-Fried accused of making illegal campaign contributions worth tens of millions in new indictment ...Middle East

News by : (The Hill) -
Federal prosecutors accused FTX founder Sam Bankman-Fried of making illegal political donations worth tens of millions of dollars to acquire influence in Washington, D.C., according to a new indictment unsealed on Thursday. The superseding indictment comprises four counts of fraud and eight conspiracy charges, along with new allegations about Bankman-Fried’s extensive political donations. Prosecutors accused Bankman-Fried of making more than 300 illegal contributions in the names of two other FTX executives and using FTX customer funds and assets from Alameda Research, Bankman-Fried’s hedge fund, to fund the donations. Prosecutors previously charged Bankman-Fried on counts relate

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