QUIZ!
All remaining charges against SBF will NOT be pursued to trial. These include charges related to one of the below:
1. SBF's abuse of love;
2. FTX's high fees;
3. His illicit payments to Politicians.Guess which one!https://t.co/SIyLL6IJkJ
— Jeremy Hogan (@attorneyjeremy1) December 30, 2023
Sam Bankman-Fried donated $100 million in stolen customer funds to US politicians.
Today, the US Government announced they're dropping six charges against SBF and will not prosecute him for a political campaign finance violation. pic.twitter.com/7lOJb8F62i
— Watcher.Guru (@WatcherGuru) December 30, 2023
This probably means Barbara Fried & Joe Bankman get away scot-free.
There is some evidence that these 2 benefited directly from SBF’s fraud & Barbara orchestrated the whole campaign finance plan.
Guess we’ll never find out.
That Effective Altruism crowd is effective indeed. https://t.co/SvNXmeC1Id
— MetaLawMan (@MetaLawMan) December 30, 2023
Looks like donations were made to the biggest crypto Chicken Little, Elizabeth Warren. Other politicians include Joe Biden (of course), Maxine Waters, and Sherrod Brown as well as 2 personal meetings with Gary Gensler at the SEC. People with lawsuits with the SEC couldn’t get a meeting and this fucker got two!
Here’s another good read about this travesty…
A few thoughts on the DOJ’s decision not to pursue campaign finance charges against SBF. Tl;dr: I think it’s a mistake. 🧵⬇️
— paulgrewal.eth (@iampaulgrewal) December 30, 2023
via NYP:
Federal prosecutors are dropping campaign finance violation charges against alleged crypto crook Sam Bankman-Fried over a legal snafu in his extradition from the Bahamas to the US.
The feds moved to dismiss one count of conspiracy to make unlawful campaign contributions against Bankman-Fried, 31, after the Caribbean country clarified that it “did not intent to extradite” him on that charge, according to a letter filed by prosecutors in Manhattan federal court late Wednesday.
Under the US’ extradition treaty with the Bahamas, the island nation must consent to the charges against Bankman-Fried, a major donor in the 2022 midterm elections.
“Accordingly, in keeping with its treaty obligations to The Bahamas, the Government does not intend to proceed to trial on the campaign contributions count,” the letter states.
The now-dropped charge alleged that Bankman-Fried and his cohorts used tens of millions of dollars in FTX funds to illegally make over 300 donations to curry favor with candidates who could pass laws that would help his company.
Bankman-Fried — who is accused of stealing from customers of his now-defunct FTX cryptocurrency exchange — still faces 12 other charges in the case, though five more of the counts are still in question because they were added after he was extradited.
IT’S GOOD TO BE THE NOMENKLATURA: Sam Bankman-Fried spared from second trial.
U.S. prosecutors dropped plans for a second trial of Sam Bankman-Fried, founder of the now-bankrupt FTX cryptocurrency exchange.
In a letter filed in a Manhattan federal court Friday, prosecutors said “strong public interest” in a prompt resolution of their case against Bankman-Fried outweighed the benefits of a second trial.
h/t Poster Nutbag