Prosecutors: FTX Founder Bankman-Fried Made ‘Tens of Millions’ in Illegal Campaign Donations

Prosecutors: FTX Founder Bankman-Fried Made ‘Tens of Millions’ in Illegal Campaign Donations
Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill on Dec. 8, 2021. Alex Wong/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:
0:00

Federal authorities on Tuesday charged FTX co-founder Sam Bankman-Fried for making “tens of millions of dollars in illegal campaign contributions” to influence policies and laws around cryptocurrency.

Damian Williams, the U.S. Attorney for the Southern District of New York, told reporters Tuesday that Bankman-Fried—sometimes known as SBF—faces charges of wire fraud, conspiracy, and campaign finance violations.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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