• Cryptocurrency trader Sam Bankman-Fried used stolen customer money to make over $100 million in political campaign contributions during the 2022 midterm election cycle, federal prosecutors said Monday in a new indictment.
• The new indictment charges the FTX cryptocurrency exchange founder and former billionaire with seven counts of conspiracy and fraud over the collapse of the exchange.
• The 31-year-old has previously pleaded not guilty to charges of stealing billions in FTX customer funds to plug losses at Alameda Research, his crypto-focused hedge fund.

Tagged: CryptoCurrency