Cointime

Download App
iOS & Android

DOJ Bins FTX Founder's Campaign Finance Charges

Sam Bankman-Fried, the founder of FTX, will not face charges for alleged campaign finance violations due to a legal issue with the extradition papers signed with the Bahamas government. The Department of Justice has dropped the charge citing "treaty obligations". Bankman-Fried was extradited from the Bahamas to the United States in December and has since had his bail agreement reviewed after leaking the diary of a former CEO. Federal prosecutors and Bankman-Fried's lawyers will continue to argue over his detention terms.

Comments

All Comments

Recommended for you