Interesting story about his MOTHER (for whom he purchased property in the Bahamas):
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What is also unusual is that Mind the Gap is led not by highly experienced political hands, but by academics with no professional backgrounds as fundraisers. The group’s leaders are a pair of Stanford law professors: Barbara Fried, who has no apparent campaign experience, and Paul Brest, the former president of the William and Flora Hewlett Foundation. Graham Gottlieb, a Stanford fellow who served in junior roles for former President Barack Obama’s 2012 reelection campaign and in his White House, is its executive director.
Fried declined to answer specific questions from Recode about Mind the Gap’s efforts, past or present. But in a statement, she downplayed the organization as merely a “pro-bono donor advisor to people who are interested in evidence-driven decision making.”
“Most people have no idea whether their political contributions will actually make a difference,” Fried said. “Our aim is to evaluate the efficacy of different forms of political and civic engagement, and provide our conclusions free to individual, interested donors so they can make more educated decisions about where their money would be most effectively spent.”
https://www.vox.com/recode/2020/1/6/21046631/mind-the-gap-silicon-valley-democratic-donors-stanford
Actions like these are presumably what led FTX attorney Bromley to tell the judge today that the company was being “run as a personal fiefdom of Sam Bankman-Fried.”
<><>a “substantial amount” of FTX Group’s assets “have either been stolen or are missing.”
<><>unclear whether the “substantial amounts” were stolen or mishandled
<><>includes several billion in combined loans that Alameda Research reportedly made to SBF, two of his deputies, and a company majority-owned by him; or are separate from them.
<><>SBF also raised $420 million from investors on behalf of FTX —
<><>only he paid himself $300 million of that amount, claiming it as a personal reimbursement for re-purchasing the 15% stake in the exchange held by rival company Binance.