New York CNN — Federal prosecutors have announced four more criminal charges against Sam Bankman-Fried , the founder of the crypto trading platform FTX, expanding his potential liability in what authorities allege is a billion dollar fraud. Bankman-Fried was charged in December in an eight-count indictment. On Thursday an indictment was unsealed adding new charges for a total of 12-counts, including conspiracy to operate an unlicensed money transmitting business, conspiracy to commit bank fraud, and securities fraud. Bankman-Fried, who was released on a $250 million bond , previously pleaded not guilty to charges announced in December, including one count of conspiracy to violate campaign finance laws. At the time he was charged with multiple counts of conspiracy and wire fraud and conspiring to violate US campaign finance laws by making political donations through straw donors. The FTX founder made more than 300 illegal political contributions through straw donors totaling tens of millions of dollars paid for by Alameda and FTX funds, according to a newly unsealed indictment. Despite SBF personally becoming one of the largest publicly reported political donors for the 2022 midterm elections, he fraudulently made donations ahead of the midterms in the names of two FTC executives […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
