Sam Bankman\u002DFried was hit with new criminal charges on Thursday, accused of conspiring to make more than 300 illegal political donations.
Bankman-Fried’s trial is slated for October. Kaplan on Thursday extended a temporary ban on Bankman-Fried’s contacting FTX and Alameda employees to March 3 from Feb. 24.
The indictment said a political consultant working for Bankman-Fried told one of the executives, identified as CC-1, that “you being the centre left face of our spending will mean you giving to a lot of woke shit for transactional purposes.” In a statement, the group said it has “set aside funds and will take appropriate action once we receive guidance from authorities.”After founding FTX in 2019, Bankman-Fried rode a boom in the value of Bitcoin and other digital assets to attain an estimated $26 billion fortune.
“I just had an increasing dread of this day that was weighing on me for a long time,” Ellison wrote, “and now that it’s actually happening it just feels great to get it over with one way or another.”
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