In a superseding indictment filed with the United States District Court for the Southern District of New York on Feb. 22, U.S. Attorney Damian Williams alleged Bankman-Fried’s actions in the matter involving FTX and Alameda warranted 12 charges. According to the indictment, these included:
- Conspiracy to Commit Wire Fraud on Customers of FTX
- Wire Fraud on Customers of FTX
- Conspiracy to Commit Fraud on Customers of FTX in Connection with Purchase and Sales of Derivatives
- Fraud on Customers of FTX in Connection with Purchase and Sales of Derivatives
- Conspiracy to Commit Securities Fraud on Investors in FTX
- Securities Fraud on Investors in FTX
- Conspiracy to Commit Wire Fraud on Lenders to Alameda Research
- Wire Fraud on Lenders to Alameda Research
- Conspiracy to Commit Bank Fraud
- Conspiracy to Operate an Unlicensed Money Transmitting Business
- Conspiracy to Commit Money Laundering
- Conspiracy to Make Unlawful Political Contributions and Defraud the FEC
The original indictment against Bankman-Fried announced on Dec. 13 included eight similar charges without breaking down individual charges as to the former CEO’s alleged actions at both FTX and Alameda. At the time, prosecutors also listed conspiracy to commit commodities fraud in its charges, which was seemingly included in the supereding indictment related to the “purchase and sales of derivatives” at FTX.
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Bankman-Fried’s criminal trial in federal court is scheduled to begin in October, while FTX’s bankruptcy case is ongoing in U.S. Bankruptcy Court for the District of Delaware. Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang pled guilty to similar charges as SBF in a December plea deal and may offer testimony in his case.
The federal judge presiding over the case for former FTX chief executive officer Sam Bankman-Fried has ordered a superseding indictment unsealed containing 12 criminal counts.
This story is developing and will be updated.