Bankman-Fried used $100m in stolen FTX funds for political donations, US says
The November 2022 collapse of FTX after a flurry of customer withdrawals destroyed his wealth and stained his reputation.
Source: moneyweb.co.za
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Sam Bankman-Fried funneled $100M stolen from customers into US politics to bend crypto legislation: revised indictment
Ex-crypto executive Sam Bankman-Fried secretly funneled more than $100 million stolen from his customers into the U.S. political system to bend crypto legislation to his will, federal prosecutors said Monday in a revised indictment. The embattled former billionaire — in custody at Brooklyn’s Metropolitan Detention Center since a judge revoked his $250 million bond Friday for alleged witness ...
Source: yahoo.com
Bankman-Fried used stolen money to support Dems, Republicans - US
Bankman-Fried rode a boom in cryptocurrency values to amass a fortune that was once estimated at $26 billion, and became an influential donor to mostly Democratic candidates and causes.
Source: jpost.com
Sam Bankman-Fried Charged with Using $100 Million in Stolen Funds to Donate Mostly to Democrats
Prosecutors charged on Monday Sam Bankman-Fried with using $100 million in stolen customer funds to donate to electoral causes.
Source: breitbart.com
Bankman-Fried used $100 million in stolen FTX funds for political donations, US says
An amended indictment accuses Sam Bankman-Fried of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans, and to conceal where the money came from
Source: rappler.com