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A Project of The Annenberg Public Policy Center

Sam Bankman-Fried Under House Arrest and Awaiting Trial, Contrary to Online Claims

Sam Bankman-Fried Under House Arrest and Awaiting Trial, Contrary to Online Claims

FTX co-founder Sam Bankman-Fried was arrested in 2022 for allegedly defrauding customers by stealing billions of dollars for personal use, including nearly $38 million in political donations to Democrats. Online posts falsely claim the Biden administration has dropped all charges against Bankman-Fried. But he is under house arrest and awaiting trial.