The U.S. Department of Justice (DOJ) informed a federal judge late Wednesday it did “not intend to proceed” with a campaign finance charge against disgraced FTX founder and Democrat super donor Sam Bankman-Fried.
Consultation with the Bahamas on the campaign finance charges in Bankman-Fried’s original extradition document last year were behind the decision as part of an effort to adhere to the legal obligations therein, Forbes reports.
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.
