NEW YORK (AP) — Testimony from FTX founder Sam Bankman\u002DFried’s “trusted inner circle” of former executives at his collapsed cryptocurrency empire will be used…
Prosecutors made the assertions in papers filed in Manhattan federal court, where Bankman-Fried is charged with defrauding investors in his businesses and illegally diverted millions of dollars’ worth of cryptocurrency from customers using his FTX exchange. He has pleaded not guilty.The court filing, in which prosecutors describe evidence they plan to present to jurors, came three days after Bankman-Fried was sent to a federal jail in Brooklyn to await trial by Judge Lewis A.
It also came on the same day that prosecutors filed a streamlined indictment that contains the seven charges Bankman-Fried faces at the Oct. 2 trial — but there’s no longer a campaign finance charge for now, though it could go to trial later if they are found to conform with the terms of an extradition treaty with the Bahamas.
Still, prosecutors said in the latest indictment that Bankman-Fried misappropriated customer money to help fund over $100 million in political contributions in advance of the 2022 election. The indictment said he sought to “maximize FTX’s political influence” and use “these connections with politicians and government officials to falsely burnish the public image of FTX as a legitimate exchange.”There was an error, please provide a valid email address.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
FTX founder Sam Bankman-Fried heads to Brooklyn jail notorious for poor conditionsSam Bankman-Fried will now be housed before his Oct. 2 trial in Brooklyn’s Metropolitan Detention Center
Lire la suite »
Bankman-Fried charged with using stolen customer funds for $100-million in U.S. political donationsSam Bankman-Fried faces new charges for allegedly using stolen funds to make $100-million donation
Lire la suite »
Testimony from Sam Bankman-Fried's trusted inner circle will be used to convict him, prosecutors sayTestimony from FTX founder Sam Bankman-Fried's 'trusted inner circle' of former executives at his collapsed cryptocurrency empire will be used to prove at an October trial that he misappropriated billions of dollars from his investors to fuel his businesses, make illegal campaign contributions and enrich himself, prosecutors said Monday.
Lire la suite »
Posting of Trump charges, quickly withdrawn, muddies long day of grand jury testimony in GeorgiaReuters, which later published a copy of the document, said the filing was taken down quickly.
Lire la suite »
Mysterious document listing charges against Donald Trump posted, then removed, while Georgia grand jury hearing testimonyA Fulton County official called the document \u0027fictitious,\u0027 but Trump claimed it as proof the case is rigged as he fired off a fundraising email with the since\u002Ddeleted document
Lire la suite »
This is what entertainment at the CNE was like in Toronto over a hundred years agoThe CNE is officially cancelled this year which means the thrilling, terrifying, wowing, and nostalgic rides, performances and deep fried everythin...
Lire la suite »