Bankman-Fried’s Bid to Shift Blame Complicated by New Charges

Bankman-Fried’s Bid to Shift Blame Complicated by New Charges
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, arrives to the Manhattan federal court in New York on Feb. 16, 2023. Eduardo Munoz/Reuters
Reuters
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NEW YORK—Since his December arrest on fraud charges, FTX founder Sam Bankman-Fried and his lawyers have suggested part of his defense will be seeking to distance himself from the day-to-day operations of the now-bankrupt cryptocurrency exchange.

But new accusations against him and a third former member of his inner circle in recent weeks could complicate that strategy, some experts said.