Such new indictments can be used to add a defendant to a case but no new defendant was named
New charges were unsealed against Sam Bankman-Fried, accused of fraud in 2022’s implosion of the FTX cryptocurrency exchange.
A 39-page superseding indictment was unsealed on Thursday, adding four new counts against the FTX co-founder and recasting the earlier, 14-page charging papers. Such new indictments can also be used to add a defendant to a case, but no new defendant was named in the revised document. The new indictment cites coconspirators, without naming them, as well as bank fraud charges, violations of law in money-transmitting operations and demands for the forfeiture of assets. Those include assets held in Binance accounts and more than 55-million shares in Robinhood Markets, a commission-free investing and trading app, as well as more than $170m in cash previously held at Silvergate Bank and other banks.
That indictment followed weeks of speculation that the 30-year-old would end up in handcuffs after his company — one of the biggest cryptocurrency exchanges in the world — ended up in bankruptcy.
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