SBF cultivated ties with A-list celebrities, politicians and investors alike — but one power couple in particular was key to boosting his profile.
Bill Clinton received hundreds of thousands of dollars to speak at Sam Bankman-Fried’s conference.Asked for a comment about the event, a spokesperson for the Clintons replied, “SBF was never on stage at CGI,” declining to comment further. Over the past year, Bankman-Fried — who lived full-time in the Bahamas before being extradited to the United States in December — mostly spoke at conferences virtually.
For those who bought into FTX, it has been a painful ride, with the top 50 of the bankrupt firm’s 1 million creditors owed $3.1 billion, according to court papers. This week, FTX’s new management said it aims to recoup tens of millions of dollars in political donations that Bankman-Fried and other FTX executives had made.
The Clintons, on the other hand, have remained silent. Legal experts say it’s unlikely Clinton’s speaking fee will be clawed back, but critics say it’s unseemly to hold onto the cash when thousands of people have lost retirements and savings at the hands of Bankman-Fried.
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