Unsealed superseding indictment in opposition to Sam Bankman-Fried consists of 12 felony costs

The federal decide presiding over the case for former FTX chief govt officer Sam Bankman-Fried has ordered a superseding indictment unsealed containing 12 felony counts.

In a superseding indictment filed with the US District Courtroom for the Southern District of New York on Feb. 22, U.S. Lawyer Damian Williams alleges Bankman-Fried’s actions within the matter involving FTX and Alameda warranted 12 costs. In keeping with the indictment, these included conspiracy to commit wire fraud on clients of FTX, wire fraud on clients of FTX, conspiracy to commit fraud on clients of FTX in reference to the acquisition and gross sales of derivatives, fraud on clients of FTX in reference to the acquisition and gross sales of derivatives, conspiracy to commit securities fraud on traders in FTX, securities fraud on traders in FTX, conspiracy to commit wire fraud on lenders to Alameda Analysis, conspiracy to commit financial institution fraud, conspiracy to commit cash laundering, and conspiracy to make illegal political contributions and defraud the Federal Election Fee.

The unique indictment in opposition to Bankman-Fried introduced on Dec. 13 included eight related costs, whereas the superseding indictment talked about an extra cost for conspiracy to commit financial institution fraud and broke down particular person wire fraud costs associated to his alleged actions at FTX and Alameda. On the time, prosecutors additionally listed conspiracy to commit commodities fraud in its costs, which was seemingly included within the superseding indictment associated to the “buy and gross sales of derivatives” at FTX.

Associated: SBF attorneys to pay for technical professional to help decide on bail phrases

Bankman-Fried’s felony trial in federal courtroom is scheduled to start in October, whereas FTX’s chapter case is ongoing in U.S. Chapter Courtroom for the District of Delaware. Former Alameda Analysis CEO Caroline Ellison and FTX co-founder Gary Wang pled responsible to related costs as SBF in a December plea deal and will provide testimony in his case.

This story is growing and will likely be up to date.