Federal prosecutors on Thursday unveiled a new indictment against Sam Bankman-Fried, charging the FTX founder with additional criminal counts and making detailed allegations that he engaged in conduct that led to his exchange’s collapse.
The indictment, unsealed Thursday, charges the 30-year-old Bankman-Fried with 12 criminal counts.
The prior indictment, which prosecutors brought in December after a brief investigation, charged him with eight. Bankman-Fried pleaded not guilty to the prior charges. A spokesman for Bankman-Fried didn’t immediately respond to a request for comment.
The new charges include conspiracy to operate an unlicensed money-transmitting business and conspiracy to commit bank fraud.
An expanded version of this story is available at WSJ.com