Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, which is headquartered in The Bahamas, and who is accused of defrauding his customers out of billions of dollars was hit with four new charges this week after a new indictment was unsealed.
In total, he now faces 12 counts.
Bankman-Fried, who already faced eight counts, faces conspiracy to commit bank fraud, conspiracy to operate an unlicensed money transmitting business, conspiracy to commit money laundering and conspiracy to make unlawful political contributions and defraud the US Federal Election Commission (FEC)...read more here
