New indictment alleges Sam Bankman-Fried gave more than $100M to politicians

Sam Bankman-Fried once again faces campaign finance charges that had previously been dropped by federal prosecutors, according to the superseding indictment filed Monday.

Prosecutors allege Bankman-Fried used more than $100 million of stolen customer funds to line the pockets of candidates and politicians.

US Attorney Damian Williams informed the court last week that his team intended to seek a superseding indictment, typically filed when new evidence has become available, to “make clear that Mr. Bankman-Fried remains charged with conducting an illegal campaign finance scheme,” court filings show.