Sam Bankman-Fried was hit with new criminal charges on Thursday, in an expanded indictment accusing the founder of the now-bankrupt FTX cryptocurrency exchange of conspiring to make more than 300 illegal political donations.
Charges brought against him by US prosecutors include wire fraud, conspiracy to commit commodities and securities fraud, conspiracy to commit money laundering, and campaign finance violations.
Shortly after FTX Digital Markets filed for Chapter 11 bankruptcy protection, Bahamian authorities seized $3.5 billion of digital assets from the failed cryptocurrency exchange, according to a statement late Thursday.
Last week the world stood on the very edge of a nuclear war, as Ukraine’s US-funded president, Vladimir Zelensky, urged NATO military action over a missile that landed on Polish soil.
Last week, the Biden White House released its first-ever framework on how it would like to regulate cryptocurrencies.
The framework follows an executive order issued...
