Bankman-Fried to Get 2nd Trial on Bank Fraud, Bribery Counts

Bankman-Fried to Get 2nd Trial on Bank Fraud, Bribery Counts
Indicted FTX founder Sam Bankman-Fried exits Manhattan Federal Court in New York on June 15, 2023. Mike Segar/Reuters
Reuters
Updated:

NEW YORK—A U.S. judge on Thursday granted a request from prosecutors to try some of their charges against Sam Bankman-Fried in a second trial next year separate from his scheduled Oct. 2 trial over the collapse of now-bankrupt cryptocurrency exchange FTX.

Bankman-Fried, 31, will be tried on March 11, 2024, on five counts, including bank fraud and bribing Chinese officials, that federal prosecutors in Manhattan brought after he was extradited from the Bahamas in December, U.S. District Judge Lewis Kaplan said in a written order. FTX was based in the Caribbean nation.