Bankman-Fried used customer funds for $100 million in US political donations, prosecutors say

(Reuters) - Sam Bankman-Fried used stolen customer funds to make more than $100 million in campaign contributions ahead of the 2022 U.S. midterm elections, federal prosecutors said on Monday in a new indictment filed against the founder of the FTX cryptocurrency exchange.

The new indictment charges the 31-year-old former billionaire with seven counts of conspiracy and fraud over the collapse of the exchange. He has previously pleaded not guilty. 

Mark Botnick, a spokesman for Bankman-Fried, declined to comment. 

(Reporting by Luc Cohen in San Jose, California; Editing by Chris Reese and Daivid Gregorio)