Odaily Planet Daily News The U.S. Department of Justice filed an updated version of the indictment against SBF, which includes allegations that it violated campaign contribution laws as part of a wire fraud scheme.
SBF illegally misappropriated FTX customer deposits leading up to more than $100 million in "campaign contributions for Democrats and Republicans seeking to influence cryptocurrency regulation" ahead of the 2022 U.S. midterm elections, the Justice Department said. Prosecutors also said some of the political donations were made in the name of FTX executives in an effort to conceal the origin of the donation funds.