According to The Block, FTX founder Sam Bankman-Fried faces new criminal charges, with a new indictment accusing Bankman-Fried of conspiracy to commit bank fraud and conspiracy to operate an unlicensed money transmission business. Bankman-Fried is also charged with wire fraud against FTX customers, securities fraud against FTX investors, and conspiracy to make illegal political contributions and defraud the Federal Election Commission, among other crimes. If convicted on all counts, he could spend decades in prison. Foresight News previously reported that SBF pleaded not guilty to criminal charges such as defrauding FTX customers in January and is awaiting trial in October.