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Nairaland Forum / Science/Technology / FTX Founder Escapes Another Criminal Charge Due To Extradition Issue (129 Views)
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FTX Founder Escapes Another Criminal Charge Due To Extradition Issue by Iexclusivenews: 1:19pm On Jul 28, 2023 |
Sam Bankman-Fried, the co-founder of the crypto exchange FTX, has dodged another bullet in his legal battle with the U.S. government. Federal prosecutors have dropped a charge of conspiracy to make unlawful campaign contributions against him, citing a lack of permission from the Bahamas, where he was extradited from last year. This is the second time that prosecutors have narrowed the indictment against Bankman-Fried, who is accused of orchestrating a massive fraud scheme that led to the collapse of FTX and caused billions of losses for investors and customers. Previously, they had dropped a charge of violating anti-bribery statutes on the same grounds. Continue Reading.. https://iexclusivenews.com.ng/2023/07/28/ftx-founder-escapes-another-criminal-charge-due-to-extradition-issue/ 1 Share
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