US prosecutors to issue superseding indictment against Sam Bankman-Fried next week

U.S. prosecutors mean to question a superseding indictment against FTX laminitis Sam Bankman-Fried successful the week of Aug. 14 that volition see the complaint of conducting an amerciable run concern scheme, according to a letter filed with the tribunal connected Aug. 8.

The U.S. authorities intends to prosecute 7 charges against FTX laminitis Sam Bankman-Fried successful the upcoming transgression proceedings successful October and volition not driblet the amerciable governmental run financing charge.

“The superseding indictment volition marque wide that Mr. Bankman-Fried remains charged with conducting an amerciable run concern strategy arsenic portion of the fraud and wealth laundering schemes primitively charged.”

The prosecutors said successful the missive that Bankman-Fried’s usage of stolen lawsuit funds to concern an amerciable “political power campaign” is portion of the archetypal ligament fraud strategy indictment filed against him.

Furthermore, they argued that SBF besides tried to fell the stolen wealth done “political straw donations.”

According to the letter:

“The grounds of the defendant’s run concern behaviour is admissible astatine proceedings arsenic nonstop impervious of the Trial Charges.”

SBF’s lawyers person antecedently argued that galore of the charges against the erstwhile billionaire endure from flaws and contradictions, including the charges related to governmental donations.

U.S. prosecutors initially intended to record 13 charges against SBF but yet dropped 5 of the charges aft the Bahamian judiciary raised concerns implicit charges that were not portion of the archetypal extradition agreement.

Prosecutors said astatine the clip that they would punt the remaining charges to 2024.

There were concerns that prosecutors whitethorn besides forgo the governmental run financing complaint owed to akin reasons, which person present been laid to rest.

The station US prosecutors to contented superseding indictment against Sam Bankman-Fried adjacent week appeared archetypal connected CryptoSlate.