US authority alleges that SBF donated to politicians using other people’s name
An indictment filed by the Southern District of New York (SDNY) alleges that arrested FTX founder Sam Bankman-Fried made political contributions in someone else’s name.
Sam Bankman-Fried (SBF) was arrested by Bahamian authorities on December 12 and will face trial in the United States for crimes including money laundering and wire fraud.
according to Filed by SDNY Attorney Damian WilliamSBF is suspected of making donations to politicians using someone else’s name, which is against the rules. U.S. campaign finance regulations.
The FTX founder and his unnamed accomplice are said to have donated over $25,000 to US politicians.
FTX founders have previously admitted November 5th Tweet He was a significant contributor to the political endeavours of many US politicians.
1) I was a significant donor in both the D and R primaries.
Support constructive candidates across the aisle to prevent a pandemic and bring a bipartisan vibe to DC.
And work with them to support permissionless finance.
—SBF (@SBF_FTX) November 5, 2022
The SBF added that his donation was aimed at both Democratic and Republican politicians. But to avoid media backlash, his “every Republican donation was dark.”
Sam Bankman-Fried’s FTX Empire Third Largest Donor in the US midterm elections.
