'Dirty money': Unpacking the campaign finance charges against Sam Bankman-Fried

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It's a significant footnote in what prosecutors are calling 'one of the biggest financial frauds in American history.'

Sam Bankman-Fried is escorted out of the Magistrate Court building in Nassau, Bahamas, on Tuesday. Photo: Dante Carrer/Reuters

Bankman-Fried's attorney, Mark S. Cohen, said in a statement that he "is reviewing the charges with his legal team and considering all of his legal options.”Bankman-Fried gave tens of millions to Democratic candidates and groups this cycle. He has said he also made large contributions to Republican political candidates, but did so in a way that hid the donations."[R]eporters freak the f**k out if you donate to a Republican because they’re all super liberal.

It can also be used by a single donor to circumvent campaign contribution limits by parceling out a large donation among multiple straw donors, or by companies trying to get around corporate donation restrictions by routing money through an individual donor., the Securities and Exchange Commission alleged Bankman-Fried illegally steered money from his cryptocurrency trading firm, Alameda Research, to federal political candidates.

 

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Where is the mainstream press?!?! If SBF were funneling to Republicans the roof would've caved in from the cacophony of presstitutes wailing away about the corruption, lack of democracy and election rigging!

Boy now that he’s been arrested y’all are done writing glowing pieces about him?

I think the Clintons have him beat.

Lock him Up for life !!!! In general population

How quick till he accidentally dies waiting in jail

If you help luring in more 'fools' into a 'greater fool' zero sum Ponzi scheme, at what point do you become complicit? Time for the legislator to catch up and put all crypto 'currencies' out of business. Otherwise, more people will get hurt!

Assuming one was Tom Emmer

Apparently, SBF gave mostly to the democrats, his second in command mostly to the republicans. 'Smart' money always greases both sides.

Well he is a pretend Trans person. He may like jail time?

So the key here is: 'he steered millions to politicans' And which political party did these politicians belong to?

Which is the bigger crime? Stealing some crypto 'currency'? The creation of a crypto 'currency'? or Setting up a crypto 'currency' exchange? (freely stolen from Bertolt Brecht ;-)

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