Sam Bankman-Fried, FTX founder, faces two criminal trials.

The criminal charges against Sam Bankman-Fried, the co-founder of FTX, have been split. He is now facing two separate trials for his alleged mismanagement of the cryptocurrency exchange.

Bankman-Fried is facing a total of 13 charges, including fraud, fraud conspiracy, and bribery. A trial for all of these charges was originally scheduled to begin on October 2.

However, five of these charges will now be split off into a separate trial on March 11, 2024, according to a ruling from United States District Court Judge Lewis Kaplan on June 15.

Bankman-Fried was originally extradited to the U.S. in December 2022 on eight charges. Further indictments were added in February and March 2023, bringing the total number of charges to 13.

The charge split comes as DOJ prosecutors requested a waiver from Bahamian authorities to try Bankman-Fried on the five additional charges that were imposed after his extradition from the country.

Lawyers for the FTX co-founder attempted to dismiss those charges, arguing that he could not be tried on charges made after the extradition.

Related: Exchanges pledged $2.5B to user protection funds amid FTX’s collapse: Report

On June 14, DOJ lawyers said they would proceed to try Bankman-Fried on the original eight charges they had leveled against him, citing a potentially lengthy process if the court were to wait for the approval of a motion filed by Bankman-Fried in The Bahamas.

The new trial in March will focus on the charges of bribery conspiracy, conspiracy to operate an unlicensed money-transmitting business, bank fraud conspiracy, and derivatives and securities fraud.

The other charges relate to various wire, derivatives, and securities fraud and conspiracy allegedly carried out at FTX and Alameda Research, along with accusations of money laundering.

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