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