The sad truth is that the ‘campaign contributions’ (bribe money) are likely far in excess of tens of millions…
Regardless, prosecutors are claiming that FTX and Sam Bankman-Fried made millions in ‘illegal’ campaign contributions—this is aside from the money transparently given mostly to Democrats.
SBF gave money to both sides of the political establishment; however, reports indicate that he was a Democrat mega-donor.
His recent arrest has prompted many to wonder if the establishment is attempting to keep him from Congressional questioning via testimony he agreed to give.
The S.E.C. is one of the regulatory agencies with a pending lawsuit against FTX and Sam Bankman-Fried; however, there are potential, troubling connections between S.E.C. head, Gary Gensler, and FTX:
Today, I questioned John Ray, CEO of FTX, about @SBF_FTX’s unacceptable management practices. It appears @garygensler missed multiple red flags while trying to cut a deal w/ @FTX_offical. Congress must provide clarity and hold @secgov accountable. pic.twitter.com/30sXQmoZtJ
— Rep. Bill Huizenga (@RepHuizenga) December 13, 2022
Could this potential connection represent one more link in the dark web of corruption spun by the establishment and FTX?
Rep. Lee Zeldin was very vocal about what many are speculating as the political establishment shielding SBF from official questioning:
Tomorrow, Sam Bankman-Fried was scheduled to testify in front of the House Financial Services Committee. @HouseGOP was ready to grill him six ways to Sunday.
Now breaking tonight, SBF was just arrested!🧐
Why not allow him to 1st testify tomorrow and answer our many questions?
— Lee Zeldin (@LeeMZeldin) December 13, 2022
House Republicans should still force SBF to testify about his FTX scam in the new congress, even if he's in shackles.
— Charlie Kirk (@charliekirk11) December 13, 2022
According to Just The News:
U.S. Attorney Damian Williams said at a press conference that Bankman-Fried made “tens of millions of dollars” in illegal campaign donations.
Williams called the overall scandal surrounding Bankman-Fried “one of the biggest frauds in American history.”
🚨BREAKING: @SBF_FTX request for bail has been DENIED as the judge believes him to be a flight risk.
— Eleanor Terrett (@EleanorTerrett) December 13, 2022
Perp walk SBF's ass into the congressional hearings tomorrow
This isn't difficult
If they don't, we all know why
— Liberty Lockdown w/ Clint Russell (@LibertyLockPod) December 13, 2022
ProCoin News outlined the list of regulatory bodies currently suing SBF:
The Securities and Exchange Commission, the United States District Court for the Southern District of New York, and most recently, the Commodities and Futures Trading Commission are all suing SBF.
All of the pending litigation relates to the defrauding of investors through the misappropriation of funds and the misrepresentation of trading and investment activities.
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!