Former FTX CEO Sam Bankman-Fried hit with campaign finance complaint over GOP 'dark' money

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

CREW's campaign finance complaint against Sam Bankman-Fried comes nearly a month after his FTX crypto exchange filed for bankruptcy protection.

"The case did not, however, permit organizations to act as pass-throughs for others' contributions, or to make independent expenditures while keeping secret their own contributors," CREW's complaint adds.

In that interview, he suggested that those donations would make him one of the largest donors to Republicans in the United States. "That was not generally known, because despite [the Supreme Court decision known as] Citizens United being literally the highest profile Supreme Court case of the decade and the thing everyone talks about when they talk about campaign finance, for some reason, in practice, no one could possibly fathom the idea that someone in practice actually gave dark," he added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Where is the money? DNC has no money to pay up. Now what do you steal or rob? Or do you just pass a new law giving DNC free money? Busted, get Michael Avanti on the job quick.

you guys sure can pick them. you gave so many scoundrels tons of air time, and now look what they were all up to. that includes guys like Chamath Palihapitiya

this guy still free ?

It wasn’t dark. It as labeled on their balance sheet: “defeat trump”. Ironically, he gave money (like Dems) to trump backed candidates who everyone knew couldn’t - and didn’t- win general elections.

Next Wallstreet will crash the market to deflect from the money laundering & excess profit off the KNOWN FRAUD by insiders. The public is now aware of how you play the game. Insider trading for the money makers, war makers, policymakers & Fed.

Hahahahahahahahahaha Democrats are so pathetic. Y'all got over a billion dollars from the fraudster but gonna cry that a few dollars went to Republicans? Covering up the fact that he was a tried and true, deep blue dem. Or that he stole billions and ruined people's lives.

🐂💩. They laundered money through Ukraine to Dems. But let’s talk about the Republicans 🤦🏻

Need to also check out all the money donated to Democrats. Both parties should be investigated and if any candidate is identified they should be made to give back the money.

*Biden administration hires forensic investigators to try and spoof the general public into thinking the billions of dollars that went missing from FTX weren't laundered by the Biden administration. (fixed it for ya)

😂 how about Dem dark money

He will be popular in prison

He will need to review the records, which he does not presently have access to, before he can fully respond.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTX founder Sam Bankman-Fried is said to face market manipulation inquiry by U.S. prosecutors - NYTU.S. federal prosecutors are investigating whether FTX's founder Sam Bankman-Fried manipulated the market for two cryptocurrencies this May that led to their collapse and resulted in the implosion of his own cryptocurrency exchange, the New York Times reported on Wednesday. I think he’s innocent You could even hide millions of dollars in that hair Oh no...not an 'inquiry' I'm sure this austitc criminal is shaking in his boots. Jokes aside arrest SBF already.
Source: Reuters - 🏆 2. / 97 Read more »