Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges

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A federal judge presiding over former FTX CEO Sam Bankman-Fried’s case has ordered an unsealed, alternate indictment involving 12 criminal counts.

In an alternate indictment filed in the U.S. District Court for the Southern District of New York on February 22, U.S. Attorney Damien Williams found that Bankman-Fried’s actions in matters involving FTX and Alameda justified 12 charges. claims. According to the indictment, these include conspiracy to commit wire fraud against FTX customers, wire fraud against FTX customers, conspiracy to commit fraud against FTX customers in connection with trading derivatives, and fraud against FTX customers. . trading derivatives, securities fraud conspiracy against FTX investors, securities fraud against FTX investors, wire fraud conspiracy against Alameda Research lenders, bank fraud conspiracy, money laundering conspiracy, and illegal political contributions; and deceive the Federal Election Commission.

The original indictment against Bankman-Fried, released on December 13, included eight similar charges, but the replacement indictment added an additional charge of conspiracy to commit bank fraud. Mentioned and categorized individual wire fraud charges related to his alleged actions at FTX and Alameda. At the time, prosecutors also cited conspiracy to commit commodity fraud, which appeared to be included in an alternate indictment related to “buying and selling derivatives” on FTX.

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Bankman-Fried’s federal criminal trial is set to begin in October, and FTX’s bankruptcy proceedings are proceeding in the Federal Bankruptcy Court for the District of Delaware. Former Alameda Research CEO Caroline Ellison and his FTX co-founder Gary Wang have pleaded guilty to similar charges to SBF in a December plea deal and will provide testimony in his case. There is likely to be.

This story is a work in progress and will be updated.