Sam Bankman-Fried receives four additional charges for the collapse of his $250 billion FTX exchange
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BREAKING NEWS: Cryptocurrency ‘scammer’ Sam Bankman-Fried is charged with four additional counts in the collapse of his $250 billion FTX exchange… as prosecutors charge him with messiah complex
- FTX founder Sam Bankman-Fried faces four more bank fraud charges
- Disgraced cryptocurrency trader now faces a total of 12 charges
- New indictments see Bankman-Fried accused of having a ‘messiah complex’
Disgraced FTX founder Sam Bankman-Fried has been charged with four more counts of fraud in a new indictment, which accuses him of posing as the “savior of the cryptocurrency industry.”
Court documents released Thursday see Bankman-Fried charged with 12 offenses in total, which now include bank fraud and operating an unlicensed money transmitter.
Prosecutors also accuse him of having a messiah complex and presenting himself as a ‘savior’ while bragging about FTX profits.
Bankman-Fried, 30, was first charged in December with eight criminal charges and was later extradited from the Bahamas. His trial is set for October 2023. The California native has pleaded not guilty to all charges.
The new indictments accuse Bankman-Fried of posting “a series of misleading tweets” in the days leading up to FTX’s collapse. He is also accused of trying to buy political influence in the Democratic and Republican parties.
This is a developing story.
Court documents released Thursday see Bankham-Fried charged with 12 offenses in total, which now include bank fraud and operating an unlicensed money transmitter.