Prosecutors Quietly Drop Five Charges Against Democrat Megadonor Sam Bankman-Fried, Likely To Walk
The crypto founder who stole $4 billion and gave half of it to Democrat candidates. If he were a Republican he would be in federal prison for life. This is Democrat justice.
Legal Analyst: “The prosecution is busily dismantling their own case to a degree that’s obvious. Someone doesn’t want SBF to get any jail time.”
Today the FBI dropped 5 different charges against Sam Bankman Fried.
Why?
He funneled over $100 million to Democrat candidates through Ukraine.
This is the most corrupt leadership America has ever seen.
— JD Sharp (@imjdsharp) June 17, 2023
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Donating millions to @JoeBiden comes with benefits. They are not even hiding the benefits anymore. pic.twitter.com/KSgW0qOUiz
— Kim Dotcom (@KimDotcom) June 18, 2023
Related:
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Secret Back Channel Between FTX and White House Closed the Day After FTX Filed for Bankruptcy
Prosecutors Quietly Drop Five Charges Against Democrat Megadonor SBF
By Cullen McCue, Trending Politics, June 18, 2023
Federal prosecutors have pushed back five charges against disgraced cryptocurrency mogul and Democrat megadonor Sam Bankman-Fried, who was arrested after the collapse of his cryptocurrency exchange FTX.
Bankman-Fried, who is commonly referred to as SBF, was arrested late last year and charged with eight federal counts. Original charges included conspiracy to commit wire fraud and campaign finance violations. Additionally, over $8 billion of FTX customer deposits were found to be missing.
Prosecutors have alleged that Bankman-Fried took billions from customers for personal use, including luxury real estate and political donations. The scheme fell apart when the cryptocurrency market collapsed last year, officials said.
In January, an attorney for FTX testified that SBF used a secret backdoor to launder money to Alameda Research, an FTX sister company. Caroline Ellison, the former girlfriend of SBF and CEO of Alameda Research, cut a deal with prosecutors in which she admitted that the couple conspired to mislead FTX customers and investors.
On Thursday, federal prosecutors in New York offered to sever five additional charges against Bankman-Fried if the judge agrees to try him on those charges later. The five additional charges were added after Bankman-Fried was extradited from the Bahamas, where his cryptocurrency exchange was headquartered.
The withdrawn charges include fraud relating to a scheme where SBF allegedly created a fake company with no staff to get around being barred from a California bank account, and a bribery conspiracy charge alleging that he spent $40 million trying to influence a Chinese government official.
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