FTX founder and former CEO Samuel Bankman-Fried is facing four new criminal charges related to allegedly fraudulent conduct related to his cryptocurrency trading platform and an associated hedge fund, according to a superseding indictment that was made public on Feb. 23.
The superseding 12-count indictment added four new charges, including conspiracy to operate an unlicensed money-transmitting business, conspiracy to commit bank fraud, securities fraud, and fraud in the connection of the purpose or sale of a derivative. He was initially charged in December 2022 with multiple counts of conspiracy, wire fraud, and conspiring to violate U.S. campaign finance laws by making illegal political donations.
