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Bankman-Fried charged with using stolen customer funds for $100 million in US political donations

Sam Bankman-Fried used money he stole from customers of his FTX cryptocurrency exchange to make than $100 million in political campaign contributions before the 2022 U.S. midterm elections, federal prosecutors said on Monday. An amended indictment accused the 31-year-old former billionaire of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans, and to conceal where the money came from. "He leveraged this influence, in turn, to lobby Congress ...
United States Luc Cohen Sam Bankman Chris Reese Lewis Kaplan Mark Botnick
Source: yahoo.com

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