<p>Former FTX CEO <a href="http://dailywire.com/topic/sam-bankman-fried" target="_blank" rel="noopener">Sam Bankman-Fried</a> faces four additional charges related to the disgraced entrepreneur’s allegedly <a href="http://dailywire.com/topic/fraud" target="_blank" rel="noopener">fraudulent</a> cryptocurrency empire.</p>
<p>Several companies controlled by Bankman-Fried filed for bankruptcy at the end of last year after customers and investors learned that FTX had improperly commingled funds with sister trading company Alameda Research. A superseding <a href="https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rwgEbfGxVG9Y/v0" target="_blank" rel="noopener">indictment</a> unveiled on Thursday adds four new charges, including conspiracy to commit bank fraud and conspiracy to operate an unlicensed money transfer business, to the eight charges to which Bankman-Fried has already pleaded not guilty.</p>
<p>According to the document, the former business leader “falsely represented” his intentions to open a bank account and obtain customer funds for the purposes of trading and market making, as well as knowingly controlled and supervised “an unlicensed money transmitting business affecting interstate and foreign commerce.” The indictment noted that Bankman-Fried sought to “purchase influence over cryptocurrency regulation” at the federal level by “steering tens of millions of dollars of illegal campaign contributions to both Democrats and Republicans.”</p>
<p>Bankman-Fried was previously <a href="https://www.dailywire.com/news/sam-bankman-fried-pleads-not-guilty-allowed-to-conceal-who-is-securing-his-250-million-bond" target="_blank" rel="noopener">charged</a> with conspiracy to commit wire fraud, conspiracy to commit securities fraud, and conspiracy to defraud the Federal Election Commission through campaign finance violations.</p>
<p>The indictment unsealed on Thursday added that some political contributions were “made in the names of others in order to obscure the true source of the money and evade federal election law.” Bankman-Fried donated $39 million primarily to Democratic nominees and political action committees ahead of the 2022 midterm elections after emerging as the second-largest donor for the Biden campaign in the 2020 cycle; he was granted four <a href="https://www.dailywire.com/news/sam-bankman-fried-visited-biden-white-house-four-times-ahead-of-his-arrest" target="_blank" rel="noopener">meetings</a> at the White House with senior advisers in the months before his companies filed for bankruptcy.</p>
<p>Beyond using the customer funds to enrich himself, acquire luxury real estate in the Bahamas, and influence the political system, Bankman-Fried <a href="https://www.dailywire.com/news/left-of-center-media-accepted-millions-from-democrat-donor-and-disgraced-crypto-wunderkind-sam-bankman-fried" target="_blank" rel="noopener">donated</a> millions to various media outlets through a nonprofit organization called Building a Stronger Future, which he ran with the help of his brother, Gabe Bankman-Fried, a former Democratic congressional staffer and the director of Guarding Against Pandemics. Several media outlets ran favorable coverage for Bankman-Fried in the days after his empire imploded; The New York Times, for instance, posited in one <a href="https://www.nytimes.com/2022/11/14/technology/ftx-sam-bankman-fried-crypto-bankruptcy.html" target="_blank" rel="noopener">article</a> that the alleged fraudster merely had “ambitions” that “exceeded his grasp.”</p>
<p>Bankman-Fried is currently staying at his parents’ home in northern California. Mark Cohen, a lawyer for Bankman-Fried who previously <a href="https://www.dailywire.com/news/sam-bankman-fried-hires-attorney-who-defended-epstein-confidant-ghislaine-maxwell" target="_blank" rel="noopener">defended</a> Jeffrey Epstein confidant Ghislaine Maxwell, initially succeeded in requesting that the identities of two unknown individuals who secured the bond remain sealed; last week, however, court documents showed that Larry Kramer, the <a href="https://law.stanford.edu/directory/larry-kramer/" target="_blank" rel="noopener">dean</a> emeritus of Stanford Law School and president of the William and Flora Hewlett Foundation, and Andreas Paepcke, a senior research <a href="https://profiles.stanford.edu/andreas-paepcke" target="_blank" rel="noopener">scientist</a> at Stanford University, were the two individuals who secured the bond.</p>
<p><strong><a href="https://onelink.to/dwapp" target="_blank" rel="noopener">CLICK HERE TO GET THE DAILY WIRE APP</a></strong></p>
<p>The academics respectively signed bonds worth $500,000 and $200,000, while Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried and former Stanford Law School professors, also <a href="https://s3.documentcloud.org/documents/23654880/unsealed-ftx-bankman-fried-bond-signed-by-stanford-law-dean-kramer-paepcke-press-unsealed-it-paepcke-here.pdf" target="_blank" rel="noopener">secured</a> the bond with equity in their home. Bankman-Fried, who claimed that his entire multibillion-dollar fortune evaporated after FTX collapsed, was initially denied bail due to the significant flight risk he posed.</p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

New Charges Against Disgraced FTX CEO Sam Bankman-Fried Revealed

Bud Light Sales Continue To Plummet, May Soon Lose Status As Number-One Beer

‘Profoundly Christian’: Former Head Of Anglican Church Presses British Government To Endorse Assisted Suicide

Ben Shapiro Reacts To Debt Limit Deal, Hits Both Democrats And Republicans Over Spending Habits

‘The Chosen’ Defends Pride Flag Spotted On Set: ‘Let The Show Speak For Itself’

Chick-Fil-A Faces Backlash As Their Diversity Efforts Resurface, Other Woke Brands Take Beating

North Korea Sentenced Two-Year-Old To Life In Prison After Family Caught With Bible: State Department

News

Crime

Cryptocurrency

Fraud

Politics

Sam Bankman-Fried

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

New Charges Against Disgraced FTX CEO Sam Bankman-Fried Revealed