The federal decide presiding over the case for former FTX chief government officer Sam Bankman-Fried has ordered a superseding indictment unsealed containing 12 felony counts.
In a superseding indictment filed with the US District Courtroom for the Southern District of New York on Feb. 22, U.S. Legal professional Damian Williams alleges Bankman-Fried’s actions within the matter involving FTX and Alameda warranted 12 prices. In response to the indictment, these included conspiracy to commit wire fraud on clients of FTX, wire fraud on clients of FTX, conspiracy to commit fraud on clients of FTX in reference to the acquisition and gross sales of derivatives, fraud on clients of FTX in reference to the acquisition and gross sales of derivatives, conspiracy to commit securities fraud on traders in FTX, securities fraud on traders in FTX, conspiracy to commit wire fraud on lenders to Alameda Analysis, conspiracy to commit financial institution fraud, conspiracy to commit cash laundering, and conspiracy to make illegal political contributions and defraud the Federal Election Fee.
The unique indictment in opposition to Bankman-Fried introduced on Dec. 13 included eight related prices, whereas the superseding indictment talked about an extra cost for conspiracy to commit financial institution fraud and broke down particular person wire fraud prices associated to his alleged actions at FTX and Alameda. On the time, prosecutors additionally listed conspiracy to commit commodities fraud in its prices, which was seemingly included within the superseding indictment associated to the “buy and gross sales of derivatives” at FTX.
Associated: SBF legal professionals to pay for technical skilled to help decide on bail phrases
Bankman-Fried’s felony trial in federal courtroom is scheduled to start in October, whereas FTX’s chapter case is ongoing in U.S. Chapter Courtroom for the District of Delaware. Former Alameda Analysis CEO Caroline Ellison and FTX co-founder Gary Wang pled responsible to related prices as SBF in a December plea deal and will provide testimony in his case.
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