FTX Allegedly Paid Bill Clinton $250,000 Then Used Him to Dupe Investors
If there’s a corruption scandal involving Democrats and millions of dollars you can bet the Clintons are involved somehow.
The FTX scandal is in the billions of dollars. And there is much we still don’t know, like how much money was swindled from innocent participants in the scheme.
The Daily Caller reported today:
Disgraced crypto mogul Sam Bankman-Fried allegedly paid former President Bill Clinton roughly $250,000 to give a speech at his Crypto Bahamas Conference in April 2022, according to a Thursday report from the New York Post (NYP).
Bankman-Fried’s conference featured Clinton alongside other world leaders and top crypto executives. Not long after, Bill and Hillary Clinton invited Bankman-Fried to speak at the 2022 Clinton Global Initiative (CGI) in September, the NYP reported.
Zerohedge added more to this story:
Bankman-Fried, or SBF, is accused of eight criminal charges, including conspiracy to commit money laundering, conspiracy to commit wire fraud on customers and lenders, conspiracy to commit commodities and security fraud, and separate wire fraud on customers and lenders.
And as the NY Post reports, a close relationship with the Clintons helped SBF to dupe investors.
Bill Clinton was paid north of $250,000 when he spoke at the disgraced FTX CEO’s Crypto Bahamas Conference in April, sources told The Post. At the over-the-top tropical shindig, the ex-US president along with former UK Prime Minister Tony Blair were famously photographed onstage next to Bankman-Fried, who appeared wearing shorts and a T-shirt.
Shortly thereafter, Bill and Hillary Clinton invited the 30-year-old Bankman-Fried — known as “SBF” in crypto circles — to speak at their annual Clinton Global Initiative in New York — an effective endorsement of the former FTX CEO that played a pivotal role in elevating his reputation among politicians and deep-pocketed investors alike, insiders told The Post. -NY Post
To promote the Clinton event, SBF’s photo was featured on the Clinton Foundation website next to notables such as Matt Damon, Gavin Newsom, Melinda French-Gates and Larry Fink.
People close to the Clintons say it was a typical quid-pro-quo between the Democratic power couple and SBF; up and coming business leaders gain credibility by riding the Clinton coattails – and then the Clintons get a check.
“The Clintons’ involvement gave SBF some air cover,” said one former confidante in a statement to the Post.
We knew early on that the Clintons were involved with FTX and because of that we knew it was a shady operation.
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Author: Joe Hoft