Federal prosecutors on Tuesday hit Sam Bankman-Fried, the disgraced founder of crypto exchange FTX, with a raft of criminal charges, including wire fraud, securities fraud, conspiracy to defraud the U.S., and campaign finance regulation violations. The charges, which also include money laundering, could collectively carry a prison sentence of more than a lifetime.
The charges were unsealed Tuesday by prosecutors in the Southern District of New York. Officials allege Bankman-Fried has a long-standing history of criminal activity, noting it runs as far back as 2019. He’s also accused of making illegal political campaign contributions, using aliases.
