Prosecutors drop another charge against FTX co-founder Sam Bankman-Fried

(CNBC) Federal prosecutors dropped a campaign finance charge against Sam Bankman-Fried, the second time they have narrowed the indictment against the founder of crypto exchange FTX. Prosecutors told Judge Lewis Kaplan on Wednesday that they were dropping the charge of conspiracy to make unlawful campaign contributions because they had failed to obtain permission from the government of the Bahamas for that charge when Bankman-Fried was extradited from the island nation in December.

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