Sam Bankman-Fried’s Growing Legal Troubles Have Made For a Very Bad Week at Data For Progress

The allegations of fraud felt like a given. Ever since Sam Bankman-Fried’s downfall last month — and it was only last month — it seemed pretty clear that he’d face financial crime charges like the ones the United States Attorney for the Southern District of New York announced a week ago. But there was another count unsealed in the December 13 indictment that wasn’t necessarily related to the disgraced crypto king’s business practices: SBF, the SDNY alleged, had “caused contributions to be reported in the names of co-conspirators rather than in the name of the true source of the funds.”… Read Full Article