FTX and Alameda Research founder Sam Bankman-Fried was arraigned Tuesday in a Manhattan courtroom. Now attention turns to the legal process leading to an epic trial scheduled to start in October.
Understandably, the press focused on the big headline – that SBF had been accused of committing one of the largest financial frauds in U.S. history. But is there a time bomb ticking away in the indictment?
Far less attention was paid to the last count in the indictment: The allegation that SBF conspired with others to violate campaign finance laws. It was well-documented that SBF had been a major contributor to mostly Democratic candidates (while his colleague, Ryan Salame, was a major Republican donor).
h/t DM
