Feds Drop Campaign Finance Charge Against SBF

Federal prosecutors have dropped the campaign finance violation charge against FTX founder Sam Bankman-Fried, after The Bahamas told the United States that it never planned to extradite SBF on campaign finance violations - which the DOJ now says would violate 'its treaty obligations to The Bahamas.'

“The Government has been informed that The Bahamas notified the United States earlier today that The Bahamas did not intend to extradite the defendant on the campaign contributions count,” US Attorney Damian Williams wrote in a Wednesday night letter filing to drop the charge. “Accordingly, in keeping with its treaty obligations to The Bahamas, the Government does not intend to proceed to trial on the campaign contributions count.”

The filing was made hours after Judge Lewis A. Kaplan placed a gag order on SBF after prosecutors accused him of leaking the personal writings of former girlfriend and business partner, Caroline Ellison.