By Kara Scannell and Lauren del Valle | CNN
Federal prosecutors announced four new criminal charges against Sam Bankman-Fried, the founder of crypto trading platform FTX, expanding his potential liability in what authorities allege is a billion-dollar fraud.
The new charges, unsealed in a superseding indictment on Thursday, add to the already serious charges facing the so-called Crypto King.
“We are hard at work and will remain so until justice is done,” said Damian Williams, the US attorney for the Southern District of New York, whose office is investigating the collapse of FTX.
Bankman-Fried was charged in December in an eight-count indictment. Thursday’s 12-count indictment added four new charges, including