Megadonor and disgraced crypto billionaire Sam Bankman-Fried burrowed his campaign cash so deep into the Democratic Party that lawmakers are now preparing internal investigations to be sure they’re rid of it —and prepared for any potential restitution to victims of Bankman-Fried’s crimes. The campaign of Rep. Ritchie Torres (D-N.Y.) is …
Read More »Democrats to Return $1 Million From Disgraced FTX Founder Sam Bankman-Fried
Three prominent Democrat groups say they will be returning funds donated by Sam Bankman-Fried to duped FTX customers. On Friday, the political groups, including the Democratic National Committee, announced they would return the contributions made by the founder of the now-collapsed FTX cryptocurrency exchange. “Given the allegations around potential campaign …
Read More »Sam Bankman-Fried Charged With Fraud, Campaign Finance Violations
The Southern District of New York has charged disgraced former crypto billionaire Sam Bankman-Fried with conspiracy to commit wire fraud, securities fraud, money laundering, and violations of campaign finance law via a grand jury indictment that was unsealed on Tuesday. The founder of the now-collapsed FTX cryptocurrency exchange was arrested …
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