The Justice Department will not pursue a campaign finance charge against Sam Bankman-Fried as part of an effort to adhere to the legal obligations of the FTX founder’s extradition from the Bahamas.
The campaign finance violation charge was among eight counts present in the DOJ’s original indictment—which also includes wire fraud, securities fraud and money laundering—in December.
In a filing late Wednesday addressed to New York federal judge Lewis Kaplan, the DOJ said they had been informed that Bahamas “did not intend to extradite the defendant on the campaign contributions count.”
In adherence with the government’s “treaty obligations” to the Bahamas, the DOJ informed Kaplan it “does not intend to proceed to trial on the campaign contributions count.”