Friday, December 16, 2022

BANKMAN-FRIED, SHOW US THE MONEY--THESE LAWMAKERS GOT DONATIONS

These lawmakers probing FTX’s collapse got donations from Sam Bankman-Fried and cronies-----Accused crypto crook Sam Bankman-Fried and his FTX associates pumped nearly $95,000 in donations to at least 11 members of the House Financial Services Committee ahead of the 2022 midterm elections, federal records show. The string of individual campaign donations has raised eyebrows given the 11 lawmakers serve on the committee currently probing last month’s collapse of the FTX crypto exchange.The majority of contributions were made to Democrats — read more at These lawmakers probing FTX got donations from Bankman-Fried and cronies (nypost.com)


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In 2020, the second-biggest donor to Joe Biden’s presidential campaign was Sam Bankman-Fried, the CEO of the cryptocurrency derivatives platform FTX. In the 2022 midterm elections, only George Soros gave more to Democratic candidates. On Nov. 11, FTX, which had been valued at $40 billion in March, declared bankruptcy. On Dec. 13, the U.S. attorney for the Southern District of New York indicted Bankman-Fried on charges including wire fraud, conspiracy to defraud investors, lenders, and the United States, conspiracy to violate campaign finance laws, and conspiracy to commit commodities and securities fraud.  More at Big, bad Bankman-Fraud | Washington Examiner

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