Legal twist in SBF saga: Judge Kaplan might be hitting the 'split' button on the ex-FTX CEO's 13-count indictment.
Prosecutors with the U.S. Department of Justiceto try SBF on the original indictment starting in October, with the process of the remaining 5 charges to be decided by Judge Kaplan. The Wall Street Journal reported that the judge suggested he was unlikely to outright dismiss any criminal charges prior to trial.
Following the collapse of crypto exchange FTX in November 2022 and allegations of misuse of customer funds, Bankman-Fried was extradited from the Bahamas to the U.S. as part of a case initiated by the Justice Department. SBF has pleaded not guilty to all charges against him, and has largely been restricted to his parents’ California home as part of his bail conditions.related to the alleged financial entanglements between FTX and Alameda.
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