Prosecutors drop a different charge from FTX co-founder Sam Bankman-Fried

Prosecutors drop a different charge from FTX co-founder Sam Bankman-Fried


Key Points
  • Federal prosecutors advised a Manhattan choose that they wouldn’t pursue a marketing campaign finance cost against FTX founder Sam Bankman-Fried following a procedural failing.
  • It is really the next time Manhattan prosecutors have had to forgo charging the billionaire, who is accused of precipitating the collapse of his crypto exchange via a multi-billion dollar fraud.
  • Bankman-Fried nonetheless faces several wire and securities fraud fees.



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