Politics

Bankrupt FTX Confirms Plan to Relaunch Crypto Exchange After Feds Drop Another Charge Against Founder Sam Bankman-Fried

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The bankrupt cryptocurrency exchange FTX has officially confirmed its plans to relaunch following the announcement that the government would drop a federal charge against its founder Sam Bankman-Fried.

The announcement comes after federal prosecutors on Thursday dropped a federal campaign charge against FTX founder Sam Bankman-Fried.

The feds said they dropped the campaign finance charge against the crypto scammer and Democrat donor due to a ‘procedural failing.’

Sam Bankman-Fried, a 30-year-old Democrat darling, spent more than $40 million to fund the midterms with his Ponzi scheme through the crypto exchange he founded (FTX). Up to $2 billion is ‘missing’ after FTX collapsed last year.

The plans were unveiled by the bankruptcy administrators,

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