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Federal prosecutors hit FTX founder Sam Bankman-Fried with four new charges Thursday as part of their criminal case against the former crypto wunderkind.
The new 12-count superseding indictment adds new bank fraud and money laundering counts against Bankman-Fried as well as modified campaign finance charges. In the new document, prosecutors describe how Bankman-Fried and two unnamed defendants conspired to defraud the Federal Elections Commission by using straw donors to “evade contribution limits on individual donations to candidates to whom” the for...
