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Sam Bankman-Fried is charged with using stolen customer funds to donate $100M to mostly Democratic causes during 2022 midterms

Sam Bankman-Fried used stolen customer funds to make over $100million in campaign contributions ahead of the 2022 midterms, prosecutors have claimed.

The new indictment, filed Monday, charges the 31-year-old with seven counts of conspiracy and fraud over the collapse of the exchange.

He has previously pleaded not guilty. Mark Botnick, a spokesman for Bankman-Fried, declined to comment.

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