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Sam Bankman-Fried charged with using stolen funds for over $100 million in political donations
nbcnews.com ^ | Aug. 15, 2023 | By Reuters

Posted on 08/15/2023 10:00:18 PM PDT by ransomnote

An amended indictment accused 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.

Sam Bankman-Fried used money he stole from customers of his FTX cryptocurrency exchange to make more 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 and regulatory agencies to support legislation and regulation he believed would make it easier for FTX to continue to accept customer deposits and grow,” the indictment said.

Bankman-Fried faces seven counts of conspiracy and fraud over FTX’s collapse, though the indictment no longer includes conspiracy to violate campaign finance laws as a separate count.

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


TOPICS: Miscellaneous
KEYWORDS: bankmanfried; demdonations; electionfraud

1 posted on 08/15/2023 10:00:18 PM PDT by ransomnote
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To: ransomnote

He gave 99% to Blue and 1% to Red, so the MSM can say “he favored both parties equally.”


2 posted on 08/15/2023 10:02:16 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: ransomnote

Amazing how politicians dont do due diligence with these funds!


3 posted on 08/15/2023 10:03:47 PM PDT by struggle
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To: Steely Tom

Maybe he will get 3 weeks of probation.


4 posted on 08/15/2023 10:04:01 PM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF Captain & pilot. Both bitten by the aviation bug)
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To: Steely Tom

$40 dollar ghost ballots don’t create themselves...


5 posted on 08/15/2023 10:09:27 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: ransomnote

It is a bit of truth coming out right? Maybe we are starting to get traction with the underlings who don’t want to be killed by our self appointed elites. I will take a Win here on this article.


6 posted on 08/15/2023 10:28:06 PM PDT by WinstonSmith1984
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To: WinstonSmith1984

>> It is a bit of truth coming out right? Maybe we are starting to get traction... I will take a Win here on this article.

+1


7 posted on 08/15/2023 10:51:27 PM PDT by Nervous Tick (Jesus is LORD and Savior! And Donald Trump is President of the United States of America.)
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To: Nervous Tick

Who was the 1%...Romney?


8 posted on 08/15/2023 11:15:02 PM PDT by inchworm (al )
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To: ransomnote

Can they arrest Biden for receiving stolen property?


9 posted on 08/15/2023 11:40:38 PM PDT by tired&retired (Blessings )
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To: struggle

“”Amazing how politicians don’t do due diligence with these funds!””

I will never forget when Barack Hussein and John McLame were running. McLame stated they would inspect every dollar and reject any dollar that even had the hint of a problem.

Barack Hussein stated he would use any and all funds to win, and ‘later on’ he would return any tainted $$$.

The Drive-By Media stenographers just ate it up. Back then, Hussein could have announced he was going to eliminate the freedom of the press, and the lapdog press would have celebrated.


10 posted on 08/16/2023 12:09:20 AM PDT by Ronaldus Magnus III (Do, or do not, there is no try)
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To: ransomnote

What could possibly be bad enough to wish on this guy....


11 posted on 08/16/2023 1:31:20 AM PDT by ganeemead ( )
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To: Steely Tom

payoffs to both parties, and more like 60% Democrats, 40% Republicans ... probably because Dems in power ... typical of non-ideological payoffs by special interests ...

nonetheless, the fascist corporate propaganda media publishes only selected numbers to deliberately give the false impression of greater payoffs to Republicans ...


12 posted on 08/16/2023 3:15:01 AM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: GOPJ; poconopundit; Jane Long; Diana in Wisconsin; Grampa Dave; Godzilla; Vaduz; null and void; ...

Want On or Off list? Frmail me.


13 posted on 08/16/2023 3:42:28 AM PDT by Liz (More tears are shed over answered prayers than over unanswered ones. St Teresa of Avila)
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To: Steely Tom

“He gave 99% to Blue and 1% to Red, so the MSM can say “he favored both parties equally.””

And of that 1%, .0005% went to Trump. Oh no, another Trump indictment is coming.


14 posted on 08/16/2023 4:32:21 AM PDT by EQAndyBuzz (The Democrat Party - Dumbing Down America Since 1965.)
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To: ransomnote

This is gonna be like the sweetheart deal Hunter was offered. If this creature is charged with this, he probably did monstrous things that would even embarrass BeijingBiden.


15 posted on 08/16/2023 5:07:05 AM PDT by bobbo666 (Baizuo)
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To: ransomnote; Liz; All

“...though the indictment no longer includes conspiracy to violate campaign finance laws as a separate count.”

Gee. Ya’d think THAT would be pretty important! But that got DROPPED? *SPIT*


16 posted on 08/16/2023 6:05:53 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: ransomnote

Receiving stolen property I believe is a crime. BWTH we don’t have laws anymore.


17 posted on 08/16/2023 6:21:29 AM PDT by DownInFlames (P)
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To: ransomnote
There needs to be a Class Action Lawsuit with T & G Brady as lead plaintiffs which requests 100% claw back from the criminal recipients.

(Hi Ransom!)

18 posted on 08/16/2023 12:34:04 PM PDT by Pete from Shawnee Mission
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To: Liz

Off ping, but thanks


19 posted on 08/16/2023 1:25:28 PM PDT by daniel1212 (As a damned+destitute sinner turn 2 the Lord Jesus who saves souls on His acct + b baptized 2 obey)
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