US Grand Jury Files New Seven Count Charges Against Sam Bankman-Fried

Published 15/08/2023, 12:22
© Reuters.  US Grand Jury Files New Seven Count Charges Against Sam Bankman-Fried

  • The US Grand Jury indicted SBF on seven count charges.
  • Among the indictment was that he used customer funds for political reasons.
  • SBF’s bail was revoked last week after he allegedly leaked private conversations of his former business partner.

On Monday, the Grand Jury of the United States filed a superseding indictment against Sam Bankman-Fried (SBF), the disgraced founder of the bankrupt FTX exchange. Among the indictment was that he cornered over $100 million in customer funds for political reasons.

Fox Business journalist, Eleanor Terrett, took to X to share the development with the crypto community.

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