Sam Bankman-Fried faces new criminal charges for unlawful political contributions

According to a new filing from the Southern District of New York’s attorney’s office, former FTX co-founder and CEO Sam Bankman-Fried (SBF) now faces four additional counts of fraud, bringing his total to twelve charges.
With these new charges, the former crypto wunderkind has been accused of defrauding the Federal Elections Committee (FEC), along with additional counts related to wire fraud and money laundering.
U.S. campaign finance law places limits on how much money political donors can give per election cycle; also, it is illegal for donors to skirt these limits by making addi

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