- 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- SBF’s bail was revoked last week after he allegedly leaked private conversations of his former business partner.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.