Bankman-Fried Campaign Contribution Charge Is Dropped by US
- FTX founder in fraud case argued it wasn’t in extradition pact
- Government’s move comes as judge weighs whether to revoke bail
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US prosecutors said they would drop a campaign contribution charge from their fraud case against Sam Bankman-Fried after the FTX founder argued it wasn’t part of his extradition agreement.
The decision is a relatively small win for Bankman-Fried, who on Wednesday appeared before US District Judge Lewis A. Kaplan in Manhattan for a hearing on whether to revoke his $250 million bail. The judge placed an interim gag order on him after prosecutors alleged he was leaking information to the press.