FTX founder faces new charges in rewritten indictment

FTX founder Sam Bankman-Fried faces additional fraud charges in a rewritten indictment that was unsealed in New York federal court. The new charges were included in an updated indictment unveiled Thursday. It wasn't known when Bankman-Fried would return to Manhattan for an arraignment. He has already pleaded not guilty to charges that he cheated investors and looted customer deposits at FTX, his cryptocurrency platform. He is free on a $250 million personal recognizance bond. The bail arrangement allows him to live with his parents in Palo Alto, California.