Commentary
The Justice Department has dismissed all charges related to campaign finance leveled against Sam Bankman-Fried (SBF), the founder and CEO of the Bahamas-based crypto exchange FTX. The grounds were a bit unusual. Officials in the Bahamas said that such charges were not the basis of the extradition. “The Bahamas did not intend to extradite the defendant on the campaign contributions count,” said the Justice Department. “Accordingly, in keeping with its treaty obligations to the Bahamas, the Government does not intend to proceed to trial on the campaign contributions count.”
