Posts Tagged 2022 election

FTX Scandal Was Actually About Money Laundering For Elections

From The Federalist:

Throughout their investigation, federal prosecutors discovered that SBF unlawfully stole and used FTX customer funds to “make more than $100 million in political campaign contributions before the 2022 U.S. midterm elections.” Central to this scheme were two members of FTX’s “inner circle“: Nishad Singh and Ryan Salame, both of whom acted as “straw donors” to donate money on SBF’s behalf. The ultimate goal, according to a communique authored by Salame, was to “‘weed-out’ anti-crypto Democratic and Republican lawmakers.”

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