"Bankman-Fried's use of straw donors allowed him to evade contribution limits on individual donations to candidates to whom he had already donated," reads the indictment, which adds that the "fraudulent conduct" impaired the FEC's functioning.

"In dozens of instances, BANKMAN-FRIED's use of straw donors allowed him to evade contribution limits on individual donations to candidates to whom he had already donated."

"As a result of this fraudulent conduct," SBF and his co-conspirators caused false information to be reported by campaigns and PACs to the FEC."

SBF had previously only faced charges of conspiracy to commit wire fraud on customers and lenders, as well as commodities fraud, securities fraud, money laundering, conspiracy to defraud the United States, and violating campaign finance laws.