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Keyword: demdonations

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  • Sam Bankman-Fried charged with using stolen funds for over $100 million in political donations

    08/15/2023 10:00:18 PM PDT · by ransomnote · 18 replies
    nbcnews.com ^ | Aug. 15, 2023 | By Reuters
    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...