Disgraced Crypto Billionaire and Top Democrat Donor Sam Bankman-Fried Met with Biden Officials at Least 4 Times, Including in September
Top Democrat donor and disgraced crypto billionaire, Sam Bankman-Fried, met with Biden officials at least 4 times in 2022 including a meeting in September with White House advisor Steve Ricchetti.
Sam Bankman-Fried, the CEO of FTX cryptocurrency exchange, announced in May that he would donate “north of $100 million” and up to a “soft ceiling” of $1 billionfor the Democrat candidate running against President Donald Trump in the 2024 race.
Bankman-Fried donated over $40 million to Democrats in the 2022 midterm elections.
FTX was laundering money from Ukraine and moving millions to donate to Democrats in the 2022 midterms.
It was a nifty trick by Democrats to get some easy campaign cash.
Earlier this month Elon Musk said suggested that donations to Democrats were likely much larger than the $40 million declared and as high as $1 billion!
The truth is likely somewhere in between the two numbers.
Ukraine funneled millions, if not billions, of international donations into FTX, Bankman-Fried’s company before it went belly-up.
The Daily Mail reported:
Disgraced cryptocurrency mogul Sam Bankman-Fried met with four Biden officials this year before the collapse of his FTX empire and his arrest in the Bahamas.
The Democratic donor, 30, awaiting trial for what prosecutors say is one of the biggest financial frauds in U.S. history held talks with senior White House advisor Steve Ricchetti on September 8, Bloomberg reported on Thursday.
He has had at least two other meetings with Ricchetti on April 22 and May 12 and another with top aide Bruce Reed.
Bankman-Fried’s brother Gabriel also participated in a meeting on his own on May 13.
The latest report is further evidence of the deep ties Bankman-Fried had with Washington before he was charged with swindling investors out of at least $1.8 billion.
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Author: Jim Hoft