Ex-FTX boss Sam Bankman-Fried WON'T face federal charges over $90M donations to Dems and woke causes
Former cryptocurrency mogul Sam Bankman-Fried will not face federal charges over campaign finance donations.
Federal prosecutors have announced they were dropping the charge against the former FTX boss, citing treaty obligations with the Bahamas.
He was charged with fraud and campaign finance violations by donating $90 million of customer deposits to political candidates and political action committees.
He was extradited from the Bahamas to the United States, but the Caribbean nation later clarified that they did not intend the extradition to be on campaign charges.
- The former cryptocurrency mogul has campaign financing charges dropped after having FIVE further charges dropped in June
- US prosecutors have conceded that their treaty obligations with the Bahamas prevent them from pursuing the charge
- Authorities believe that Bankman-Fried conducted a scheme to siphon off customers deposits and make illegal donations to mostly Democratic candidates
Former cryptocurrency mogul Sam Bankman-Fried will not face federal charges over campaign finance donations.
Federal prosecutors have announced they were dropping the charge against the former FTX boss, citing treaty obligations with the Bahamas.
He was charged with fraud and campaign finance violations by donating $90 million of customer deposits to political candidates and political action committees.
He was extradited from the Bahamas to the United States, but the Caribbean nation later clarified that they did not intend the extradition to be on campaign charges.