A federal judge ruled Thursday that the criminal charges against FTX founder Sam Bankman-Fried should be split into two trials.
The judge made the decision after prosecutors and Bankman-Fried’s defense team agreed that litigation in the Bahamas could delay the case.
The ruling severs the counts of Sam Bankman-Fried’s original indictment from superseding charges filed later.
The ruling was U.S. District Judge Lewis Kaplan in Manhattan.
Bankman-Fried was arrested in December 2022, in the Bahamas and was then extradited to the U.S. to face criminal charges including wire, commodities and securities fraud.