Feds Quietly Drop 5 Charges Against SBF in Multi-Billion Dollar FTX Scam Including Allegation He Bribed Chinese – SBF Is the Democrat Party’s Second Largest Donor
Crypto giant FTX went bankrupt last year, the company losing billions of dollars overnight.
FTX owner Sam Bankman-Fried (SBF) was the second biggest donor to Democrats in the 2022 midterms.
In early January Sam Bankman-Fried pleaded not guilty to all 8 counts related to the collapse of his crypto Ponzi scheme. SBF pleaded not guilty in New York federal court Tuesday to eight charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research.
SBF was indicted on eight counts, including charges of conspiracy to commit wire fraud and securities fraud, individual charges of securities fraud and wire fraud, money laundering and conspiracy to avoid campaign finance regulations.
