FTX Donations To Democrats Come Under Microscope

The financial scandal of our time is unraveling right before our eyes…

Previously, we reported on the collapse of FTX and how this financial scandal could represent the crossroads between numerous other high-profile scandals such as the sham 2020 election and the war in Ukraine.

Sam Bankman-Fried was arrested a mere day before his slated testimony before Congress.

Could this have been done to protect Democrats from answering inconvenient and potentially damning questions?

ProCoin News writes:

“What was not known at the time was that Bankman-Fried’s mother, Barbara Fried, a Stanford Law professor, and the co-founder of a Democrat Super PAC may have been the reason for his meteoric success.

Barbara Fried is the co-Founder of Mind The Gap, a Democrat PAC, and Get-Out-The-Vote—another left-leaning political organization.

Sam Bankman-Fried and FTX rank #3 on all federal donors to political campaigns for 2021-2022, only falling behind Uline and the notorious Soros group.

Bankman-Fried is alleged to have been one of Biden’s largest donors and the timing of his success seems to suggest that the overnight rise of FTX may not have been so organic…”

Bankman-Fried was, perhaps, the Democrat Party’s biggest supporter and a key way they could have easily shifted and laundered money back and forth.

As noted by the current interim C.E.O. John Ray, FTX had incredibly poor record keeping, and by poor he meant none…

Ray claimed that in all his years of working on high-profile corporate restructurings he had never seen a case as bad as FTX in terms of record keeping.

With prosecutors now interested in Bankman-Fried’s political donations, the donations themselves, as well as those who took the donations, are certain to come under increased scrutiny from both the independent media and the public.

Here are the latest developments:

Rep. Jeffries received donations from FTX SBF!
Jeffries is nothing more than another Democrat crook!👇🏻https://t.co/GFdcZy11hz

— MAGASunnyDays🌻🌞 (@SmellyCat2Sunny) December 13, 2022

.@ZekeJMiller: Biden "received campaign donations…from [SBF] and many prominent Democrats…Will [he] return that donation? Does he call on all politicians who got…donations that may have come from customer money to return [them]?"

KJP declines to comment, citing Hatch Act. pic.twitter.com/fxdhNMUkW0

— Curtis Houck (@CurtisHouck) December 13, 2022

What a joke. DOJ arrests SBF hours before he is testify under oath? Looks like the democrats who run the committee did not want all of the donations exposed. Who would not want a subject to testify under oath before arrest? @FoxBusiness @MorningsMaria give the $ back

— Maria Bartiromo (@MariaBartiromo) December 14, 2022

The New York Post reports:

Prosecutors investigating accused crypto grifter Sam Bankman-Fried have demanded information from high-level Democrats — including the Democratic National Committee, the Democratic Congressional Campaign Committee and New York Rep. Hakeem Jeffries, the incoming House minority leader — to help prove their sprawling case, according to a report.

 

QUARTER of congress (130 Democrats, Republicans AND Biden) took donations from fallen crypto king SBF – and now find themselves in a VERY tricky spot pic.twitter.com/zNR08gUwKD

— A Man Of Memes (@RickyDoggin) December 16, 2022

DNC just agreed to return $815,000 in donations it got from FTX that Sam Bankman-Fried stole from investors.

This is only after today a list of Democrat benefactors was released.

Why is Biden still refusing to say if he’ll return millions in stolen property he got from SBF?

🤔

— Paul A. Szypula 🇺🇸 (@Bubblebathgirl) December 17, 2022

FTX founder SBF used $1.8B in stolen customer funds to make illegal political donations to 52 Democrats, 50 Democrat-affiliated groups, & several other political organizations. SBF is a leftist do-gooder who specialized in embezzlement. Put him behind BARS.https://t.co/r8Ny50nu2q

— Steve Hanke (@steve_hanke) December 17, 2022

Daily Mail provided more information on at least some of the donations:

Rep. Ritchie Torres, D-N.Y., told DailyMail.com he had donated the ‘unsolicited’ donation to a local charity, as did Reps. Peter Welch, D-Vt., Josh Harder, D-Calif., and Rep. Salud Carbajal, D-Calif., and Rep.-elect Valerie Foushee, D-Calif.

Rep. Jesus Garcia, D-Ill., said he was giving his Bankman-Fried donation to a non-profit focused on financial literacy in Chicago while Rep. Kevin Hern R-Okla., said he’d give his to an Oklahoma food bank.

Bankman-Fried’s largest donations were to PACs, specifically his own personal super PAC, Protect Our Dream, to which he donated $27 million to elect congressional Democrats.

Still there is $26.6 million in donations linked to FTX that went to other large PACs, including those aligned with House and Senate Republicans and Democrats.