Skip to content
Independent reporting

DOJ to Let Ex-FTX CEO Sam Bankman-Fried Skate on Political Donations

DOJ to Let Ex-FTX CEO Sam Bankman-Fried Skate on Political Donations
Share X Facebook Email

(Jacob Bruns, Headline USA) Last Friday, federal prosecutors announced that they would not bring further charges against disgraced ex-FTX CEO Sam Bankman-Fried, letting him off the hook for his alleged conspiracy to make unlawful political donations and bribery of foreign officials, Fox News reported.

Despite his laundry list of wrongdoings, Bankman-Fried will be let off the hook, with public officials citing the โ€œpublic interestโ€ as a reason to cease prosecution in a Friday letter.

โ€œThe Government respectfully submits this letter to provide notice to the Court and the
defendant that it does not plan to proceed with a second trial in the above-captioned matter,โ€ prosecutors wrote, adding that resolving the matter quickly is preferable to doing it justly.

โ€œGiven that practical reality, and the strong public interest in a prompt resolution of this matter, the Government intends to proceed to sentencing on the counts for which the defendant was convicted at trial.โ€

Many who have closely followed the trial found the decision absurd.

โ€œSo we wonโ€™t know which politicians he bribed or whoโ€™s campaigns he influenced? That collective sigh of relief you are hearing is from the DEEP STATE,โ€ Rep. Tim Burchett, R-Tenn., tweeted Friday night, lamenting the decision.

Conservative commentator John Cardillo suggested that the court was protecting Democrats from being named as recipients of SBFโ€™s donations.

โ€œSam Bankman-Fried will not face second trial,โ€ย Cardillo wrote. โ€œDOJ is protecting his Dem donation recipients.โ€

Bankman-Fried has a proven track record of distributing large funds to Democrats, and also wanted to pay former president Donald Trump upwards of $5 billion not to run again.

In the 2022 election cycle alone, he also donated $6 million to the Democratsโ€™ House Majority PAC, $250,000 to the Democratic Congressional Campaign Committee.

But the bulk of his spendingโ€“$27 million, went to the leftโ€™s โ€œProtect Our Future PAC,โ€ a group meant to alter Americaโ€™s government in order to improve pandemic โ€œpreparedness.โ€

Source

Share X Facebook Email

The Fear and Blood Brief

The dayโ€™s essential headlines, without the noise.

A concise briefing delivered directly to your inbox.

Free to join. Unsubscribe any time.

Powered by Reach Response