FTX Founder Escapes Trial for Illegal Campaign Contributions Charges

Category: News
Publish Date: December 31, 2023 - 5:00 am

The founder of FTX, Sam Bankman-Freid, will not stand trial for a second time for charges relating to unlawful campaign contributions. Bankman-Freid was charged earlier this year with seven counts of fraud, money laundering, and conspiracy. His sentencing is scheduled for March 28, 2024; if convicted, he could face up to 110 years in prison.