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Sam Bankman-Fried hit with 8 criminal charges, including fraud and conspiracy for allegedly 'misappropriating' FTX customer funds
Yahoo.com ^ | Tue, December 13, 2022 at 10:23 AM | Sindhu Sundar

Posted on 12/13/2022 11:38:16 AM PST by V_TWIN

A grand jury indictment against Sam Bankman-Fried was unsealed Tuesday.

Prosecutors in New York accused him of mixing the coffers of FTX and Alameda Research.

The 8 criminal charges against him include wire fraud, conspiracy to commit money laundering, and conspiracy to defraud the US and violate the campaign finance laws.

US federal prosecutors in New York have formally charged former FTX CEO Sam Bankman-Fried with 8 criminal charges, including fraud for allegedly using FTX funds to support the endeavors of his crypto hedge fund Alameda Research.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Chit/Chat
KEYWORDS: anothersbfthread; bitcoin; cryptocurrency; ftx; sambankmanfried
The timing of this whole thing stinks to high Heaven
1 posted on 12/13/2022 11:38:16 AM PST by V_TWIN
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To: All

I’ve read online that he was charged so he couldn’t testify in front of congress. I don’t know if that’s accurate or not


2 posted on 12/13/2022 11:40:27 AM PST by escapefromboston (Free Chauvin)
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To: V_TWIN

He’s using the “Simple Jack” excuse. (Tropic Thunder reference.)


3 posted on 12/13/2022 11:42:38 AM PST by dynachrome (“We cannot save Ukraine by dooming the US economy.” Rand Paul)
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To: V_TWIN

The DOJ standing in the way of people finding the truth.


4 posted on 12/13/2022 11:43:07 AM PST by bray (The Republic of Texas is available on Barnes and Noble and Audible)
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To: bray

I did that!

5 posted on 12/13/2022 11:47:20 AM PST by Regulator (It's fraud, Jim)
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To: V_TWIN

He’s dead, Jim.


6 posted on 12/13/2022 11:51:57 AM PST by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████.)
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To: dynachrome

“You muh muh muh, muh muh muh, make me happy…”


7 posted on 12/13/2022 11:54:05 AM PST by EEGator
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To: escapefromboston

That’s the only relevant criminal charge:

Exposure of Deep State operatives dealings, kickbacks and bribes.

THe other charges are excusable.

The Deep State operative dealings charge is actionable, and the punishment will be banning him from testifying, making statements, and exposure of what he did with whom.


8 posted on 12/13/2022 11:56:58 AM PST by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: escapefromboston
... he was charged so he couldn’t testify in front of congress....,

Oh, no. It was suddenly urgent. They received an anonymous tip that he was planning to .. re-locate. /s

9 posted on 12/13/2022 11:57:31 AM PST by gloryblaze
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To: escapefromboston; V_TWIN; All

> “ I don’t know if that’s accurate or not”

It is absolutely the case. To gain control of a criminal scandal where many agencies and jurisdictions are involved, the first federal prosecutor to make the arrest will have the edge to call the shots.

Here’s an example:

District Attorney Prosecutorial Offices have been captured by Soros. Here’s a list of 22 (George Gascon is one of them):

List of Prosecutors Backed by George Soros Causing Murder and Crime to Soar
https://republicbroadcasting.org/news/list-of-prosecutors-backed-by-george-soros-causing-murder-and-crime-to-soar

Gascon is the DA that let Eugene Yu, CEO of the CCP’S KONNECH Inc. go free. Yu transferred all US election data, election office personnel, poll watchers, registered voter data, all of it to servers in China.


10 posted on 12/13/2022 12:12:43 PM PST by Hostage (Article V)
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To: Hostage

Definitely a tactical move to control the situation, the narrative and most importantly what that kid was gonna say.

At the end of the day I doubt much is gonna come out of this ......even though the democrats are up to their eyeballs in it.


11 posted on 12/13/2022 12:29:59 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: V_TWIN

NOTHING will happen to him and we will NEVER HEAR MORE!!!


12 posted on 12/13/2022 12:35:47 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: V_TWIN

They BETTER INDICT HIS EVIL EVIL PARENTS also!


13 posted on 12/13/2022 12:36:42 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Ann Archy
NOTHING will happen to him and we will NEVER HEAR MORE!!!

That's what everyone said about the Alec Baldwin shootings...wait, what?

14 posted on 12/13/2022 12:40:11 PM PST by 1Old Pro
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To: V_TWIN

He’s a crook Jim


15 posted on 12/13/2022 12:58:06 PM PST by NWFree (Somebody has to say it 🤪)
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To: NWFree
He’s a crook Jim

He's the fall guy, just as planned. But the Dems got 30 million out of the deal.

16 posted on 12/13/2022 1:01:51 PM PST by 1Old Pro
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To: V_TWIN

Nothing further will be known about any of this.

He will not go to trial.


17 posted on 12/13/2022 1:42:37 PM PST by Gnome1949
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To: 1Old Pro

But the Democreeps will return the ill-gotten gain I’m sure.


18 posted on 12/13/2022 1:44:32 PM PST by Colt1851Navy (What was wrong with Nixon?)
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To: 1Old Pro

DUH!


19 posted on 12/13/2022 4:23:40 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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