Federal prosecutors are probing Democrats over donations from former FTX CEO Sam Bankman-Fried (SBF). crypto cryptocurrency
Several members of the U.S. Democratic Party and campaign committees are reportedly being probed by federal prosecutors over donations from former FTX CEO Sam Bankman-Fried and another executive of the collapsed cryptocurrency exchange. “To any person, entity, or political campaign that has received stolen customer money, we ask that you work with us to return that money to the innocent victims,” said a U.S. district attorney following the arrest of Bankman-Fried.
The email asks for any information about donations from SBF, his colleagues, and companies, the New York Times reported Saturday, citing people familiar with the request. Referring to the FTX case as “the biggest campaign finance scandals in years,” the publication noted that the Justice Department’s inquiries “appear to be an effort to gather evidence against Mr. Bankman-Fried and other former FTX executives, rather than against their political beneficiaries.
In a press conference announcing the indictment of Bankman-Fried Tuesday, U.S. District Attorney Damian Williams requested: To any person, entity or political campaign that has received stolen customer money, we ask that you work with us to return that money to the innocent victims. One of the official charges federal prosecutors unveiled last week after SBF’s arrest was conspiring to violate campaign finance laws. The former FTX CEO was 2020’s second-largest campaign donor, contributing nearly $45 million, mostly to Democratic campaigns and committees, the publication conveyed. In an interview before his arrest, Bankman-Fried claimed that he made
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