The indictment against Sam Bankman-Fried (SBF) was unsealed Dec. 13. The indictment, signed by U.S. Attorney for the Southern District of New York Damian Williams, is 14 pages long and containe eight counts.
The charges listed against SBF in the indictment are: Conspiracy to commit wire fraud on customers, wire fraud on customers, conspiracy to commit wire fraud on lenders, wire fraud on lenders, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, conspiracy to commit money laundering anconspiracy to defraud the United States and violate the campaign finance laws.
USA Damian Williams: Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY. We expect to move to unseal the indictment in the morning and will have more to say at that time.
— US Attorney SDNY (@SDNYnews) December 12, 2022
As a result of the first four and the seventh counts, SBF is required to forfeit “any and all property, real and personal, that constitutes or is derived from proceeds traceable to the commission of said offenses.” If that is not possible the United States will “seek forfeiture of any other property of the defendant up to the value of the above forfeitable property.”
Only SBF is named in the indictment, although it also refers to “individuals known and unknown.”
SDNY indictment against SBF has been unsealed. He’s being charged with wire fraud and several conspiracies to commit: wire, commodities and securities fraud along with money laundering….