Bankman-Fried Ordered to Face Two US Trials in FTX Fraud Case

The criminal case against FTX co-founder Sam Bankman-Fried has been split in two after a New York judge ruled he must face separate trials because of an unresolved dispute over his extradition from the Bahamas.

Bankman-Fried, who faces 13 charges tied to the collapse of the FTX cryptocurrency exchange, challenged five of the counts because he says they weren’t covered by an extradition agreement that paved the way for his return to the US last December to face prosecution for an alleged multibillion fraud.

On Thursday, US District Judge Lewis Kaplan in Manhattan granted a request from federal prosecutors to ...