đŸ‡ș🇾U.S. Justice Department agrees to try Sam Bankman-Fried on original charges only for now.

The U.S. Department of Justice intends to only try FTX founder and former CEO Sam Bankman-Fried on the eight charges it brought in December 2022 for now.

Prosecutors with the DOJ wrote late Wednesday night that they would agree to try Bankman-Fried on a handful of charges, including wire fraud, securities fraud and money laundering, after a court in the Bahamas blocked the local government from agreeing to additional charges.

#sambankman #ftx