Charges DROPPED Against Dem Megadonor Sam Bankman-Fried.
The Department of Justice (DOJ) has dropped campaign finance charges against alleged ‘crypto scammer’ Sam Bankman-Fried, who was accused of misusing customer deposits and who made $90 million in campaign contributions to around 300 predominantly left-wing political candidates or action committees (PACs). Prosecutors argued the United States “mishandled” the process of extraditing Bankman-Fried from the Bahamas, writing a letter stating, “In keeping with its treaty obligations to the Bahamas, the government does not intend to proceed to trial on the campaign contributions count.”
Bankman-Fried, who had a net worth of around $26.5 billion at his peak, ranked behind only George Soros in donations to the Democrats last year. He also donated to some Republicans through what he described as ‘dark’ channels. He said in an interview:
“Reporters freak the f*** out if you donate to a Republican, because they’re all super liberal. And I didn’t want to have that fight, so I just made all the Republican [donations] ones dark.”
Bankman-Fried was the founder and former CEO of cryptocurrency exchange FTX but resigned last November after the company’s collapse, costing customers and lenders billions of dollars.
He was subsequently arrested and released after paying a $250 million bond: the largest in American history. He is due to face seven charges in October this year, including accusations that he defrauded customers and lenders to FTX.
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