Sam Bankman-Fried, the founder and former CEO of the bankrupt cryptocurrency exchange FTX, still faces charges including fraud and conspiracy. A second trial date has been scheduled for March 2024.
"Breaking: Biden administration quietly DROPS all charges against Sam Bankman-Fried," read a June 20."The crypto founder who stole $4 billion and gave half of it to Democrat candidates is now free as a bird."
The post was flagged as part of Meta’s efforts to combat false news and misinformation on its News Feed. The post misrepresented the latest development in Bankman-Fried’s trial. He’s not off the hook; the proceedings have been delayed.
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PolitiFact - Sam Bankman-Fried is not ‘free as a bird.’ He still faces charges and two trial datesSam Bankman-Fried, the founder and former CEO of the bankrupt cryptocurrency exchange FTX, still faces charges including fraud and conspiracy. A second trial date has been scheduled for March 2024.
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