by Emma James at Daily Mail
- FTX founder Sam Bankman-Fried is facing four more bank fraud charges
- The disgraced crypto trader could now face 155 years in prison
- Bankman-Fried is accused of making 300 illegal political donations
Disgraced FTX founder Sam Bankman-Fried has been hit with four more brank fraud charges in a new indictment – which accuses him of posing as the ‘savior of the cryptocurrency industry’.
Court documents released on Thursday see Bankman-Fried charged with 12 offenses total, which now include bank fraud and operating an unlicensed money transmitter.
Prosecutors also accuse him of having a messiah complex and presenting himself as a ‘savior’ while boasting about FTX’s profits in a new indictment filed in a Manhattan federal court. It isn’t known if Bankman-Fried will return to New York for a further arraignment.
The crypto trader, 30, was first charged in December with eight criminal counts and was subsequently extradited from the Bahamas. His trial has been set for October 2023. The California-native has pleaded not guilty to all charges.
Bankman-Fried was already facing 115 years in prison, the new charges could bring an additional 40 years in prison, if he was convicted on all charges…
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