The founder of FTX and the accused in the biggest crypto fraud in history Sam Bankman-FriedHe met with senior officials in the White House at least four timesIn the months leading up to the massive collapse of his company, it is reportedBloomberg.
(Sam Bankman-Fried at the Senate Agriculture, Nutrition and Forestry Committee in Washington. Source: Sarah Silbiger/Bloomberg)
On September 8, ‘SBF’ met with Biden’s senior adviser, Steve Ricchetti,in a previously unreported meeting, said White House officials who are familiar with the matter.
The meeting was “one of a handful of meetings”, according to the report Bankman-Fried had at least 3 other meetings that were revealed in the White House visitors’ logsThey includeOne on April 22, one on the 12thin May and added on the 13thin May, With Bruce Reed, another top Biden aide,This was confirmed by officials. Moreover, also Bankman-Fried’s brother, Gabriel, held his own meeting in March with senior officialsAnd he was also present at the meeting on May 13 – which brought the total numberfor five meetings in which SBF was involved. ,
According to one source, “politics” was not discussed even though SBF isDemocratic mega-donorwho is considered a central factor in Biden’s victory in 2020.
The brothers allegedly talked about general matters related to the “crypto industry and exchanges.”
According to anonymous sources the conversation between two foxes in the henhouse did not involve dinner.
— Bill Kehler (@BillKehler2) December 29, 2022
As you know, SBF is currently facing several criminal charges related to the FTX collapse.
His ties to Washington have received much publicity since the stock market crash becauseShabankman-Fried donated millions of dollars to Democratic politicians –and became the party’s second largest private donor in2022.
While Bankman-Fried, or SBF as he is known, lived in the Bahamas, he made frequent trips to Washington – testified before Congress, and met with key regulators, including the Securities and Exchange Commission, and the Commodity Futures Trading Commission. .
Now it seems that he also met with officials in the White House – by the way, without mentioning the large amount of money he managed to transfer to Ukraine through a website he set up at the beginning of the war…
According to US prosecutors,SBF allegedly conspired to use corporate funds and shadow donors For other purposes than he stated in the contracts he signed with his clients.
Also he is Illegally transferred billions of dollars of client funds to his trading arm, Alameda Research.
The damages he created were estimated at many billions and shook the crypto market.
His mother, the professor from Stanford, is a central democratic activist, and his father is also a tax professor – considered a leftist.
As of now, he has been released on a bail of 250 million dollars and lives under close guard for fear of assassination.
This is fucking disgusting and proves outright corruption. White House met with bankman-fried (SBF) before the FTX collapse. https://t.co/9s8FhKU24M
— Scrubby Trader (@ScrubbyTrader) December 29, 2022