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Judge Splits Charges Against Crypto’s Sam Bankman-Fried, Sets Two Criminal Trials

  • A federal judge ruled Thursday that the criminal charges against FTX founder Sam Bankman-Fried should be split into two trials.
  • The judge made the decision after prosecutors and Bankman-Fried’s defense team agreed that litigation in the Bahamas could delay the case.
  • The ruling severs the counts of Sam Bankman-Fried’s original indictment from superseding charges filed later.
  • The ruling was U.S. District Judge Lewis Kaplan in Manhattan.
  • Bankman-Fried was arrested in December 2022, in the Bahamas and was then extradited to the U.S. to face criminal charges including wire, commodities and securities fraud.

 

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