An indictment against FTX founder Sam Bankman-Fried revealed an array of serious charges against the crypto boy-king for billions of dollars in high-profile financial crimes, but the very last count opens a new mystery.
Republicans seized on the donations to paint Democrats as corrupt, with some conservatives even pushing a“So, he bought the Senate for the Democrats,” Fox News host Jesse Watterslast month, adding, “If this guy was a Republican donor he’d probably be sitting in solitary confinement right now.”
“Reporters freak the fuck out if you donate to a Republican,” he said. “They’re all secretly liberal and I didn’t want to have that fight.” , believe the allegedly illegal donations to Democrats and Republicans all came from the same pool of money—funds purloined via wire fraud from FTX customers and washed to campaigns and political groups under the names of company officials.
Another watchdog, Citizens for Responsibility and Ethics in Washington , appears to have seen it coming. Ahead of Tuesday’s indictment, the group had already filed a complaint with the FEC, based on Bankman-Fried’s claims about giving “dark.” Those public statements, according to the CREWCREW communications director Jordan Libowitz told The Daily Beast that while these are “serious charges,” details about the scheme are still shaking out.
“But if you’re tabbing it specifically for politics as a way to hide your name, then that becomes a legal issue,” Libowitz said, adding that if the nonprofit was found complicit in the scheme, the group could jeopardize its standing with the IRS. Fischer pointed out that if a political committee discovers that a contribution was illegal, FEC regulationsthe group to disgorge the money within 30 days. If the true donor is identifiable, the contribution can be refunded to the original contributor or to the U.S. Treasury.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX CEO Sam Bankman-Fried hit with eight count indictmentThe U.S. Securities and Exchange Commission has charged Sam Bankman-Fried, the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors.
Read more »
Feds charge former FTX CEO Sam Bankman-Fried with money laundering and all kinds of fraudThe authorities arrested Bankman-Fried on Monday night.
Read more »
FTX Founder Sam Bankman-Fried Arrested in Bahamas, Charged With FraudFTX Founder Sam Bankman-Fried Arrested in Bahamas, Charged With Fraud | Compare reporting by CNNBusiness axios NRO
Read more »
BREAKING: Criminal Charges Against Sam Bankman-Fried Unsealed, as FTX Founder Appears in Court | CoinMarketCap🚨 BREAKING: Sam Bankman-Fried charged with wire fraud and money laundering — as well as conspiracy to defraud the U.S. and violate campaign finance laws
Read more »
Who is Sam Bankman-Fried, the FTX ex-CEO who is now facing criminal charges?The California native known as SBF never cared for school and was a billionaire in his twenties. But who is the man behind the headlines? Here are some details to know:
Read more »