Sam Bankman-Fried Archives

Democrat Megadonor Bankman-Fried Sentenced to 20 Years in Prison for FTX Fraud

Democrat megadonor Sam Bankman-Fried has just been sentenced to 20 years in prison by a judge for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded. The sentencing is the last step in the former billionaire wunderkind's dramatic downfall. On Thursday, U.S. District Judge Lewis Kaplan…

Prosecutors Push 50-Year Prison Sentence for Democrat Megadonor Sam Bankman-Fried

FTX founder Sam Bankman-Fried, once a celebrated figure in the cryptocurrency world, is facing decades behind bars for multiple fraud charges. Bankman-Fried, the Democrats' second largest donor after radical billionaire Goerge Soros, was found criminally liable on several serious charges, the Washington Examiner reported. The charges include wire fraud, securities…

Second Case against FTX CEO Sam Bankman-Fried Dropped by Biden’s DOJ

President Joe Biden's Department of Justice (DOJ) has just dropped a second case against Democrat megadonor and FTX founder Sam Bankman-Fried. Prosecutors revealed they will not pursue a second trial against Bankman-Fried, the former CEO of the fraudulent cryptocurrency exchange. Bankman-Fried was a major donor to the Democrats and Biden…

FTX Used $100 Million of Customer Funds to Bribe Chinese Officials, Accomplice Testifies

Bankrupt cryptocurrency exchange FTX used customer funds to bribe corrupt Chinese officials, former CEO Sam Bankman-Fried's ex-girlfriend and accomplice has testified in court. Caroline Ellison stated in court that Bankman-Fried had directed her to commit fraud-related crimes. She also said Bankman-Fried, the Democratic Party's second-largest donor in 2022, used loans…

Mitch McConnell Persuaded FTX CEO Sam Bankman-Fried to Donate Millions to Anti-Trump Republicans

Senate Minority Leader Mitch McConnell (R-KY) reportedly held secretive meetings with Sam Bankman-Fried and persuaded the disgraced former FTX CEO to donate millions of dollars to anti-Trump Republicans. McConnell gave the Democrat megadonor a list of Republican candidates who were running against President Donald Trump's endorsements in the 2o22 elections.…

Biden’s DOJ Drops Campaign Finance Charge against Democrat Donor FTX CEO Due to ‘Procedural Failing’

Federal prosecutors with Democrat President Joe Biden's Department of Justice (DOJ) have dropped the campaign finance charge against former FTX CEO Sam Bankman-Fried - the Democratic Party's second-largest donor after George Soros. In a stunning move on Thursday, Biden's weaponized feds informed a New York City judge yet another charge…

FTX CEO Tries to Get Most Charges Against Him Dropped

Sam Bankman-Fried, the disgraced former CEO of failed cryptocurrency exchange FTX, has tried to get most of the charges against him dropped. Lawyers for Bankman-Fried are pushing for prosecutors to dismiss 10 of the 13 charges. Late last year, several firms imploded that were controlled by Bankman-Fried, the Democratic Party's…

Judge Called On to Name & Shame FTX CEO’s Secret High-Profile $250 Million Bond Guarantors

The U.S. judge overseeing the fraud case against Sam Bankman-Fried (SBF) has come under pressure to name and shame the secret high-profile guarantors who helped front the FTX CEO and co-founder's $250 million bond. Eight major media outlets have asked the judge overseeing the case to make the names of…

FTX CEO ‘Created Secret Backdoor’ for Laundering Money, Court Hears

An attorney for bankrupt cryptocurrency exchange FTX has testified in court that former CEO Sam Bankman-Fried ordered a "secret backdoor" to be created for laundering money. FTX lawyer Andrew Dietderich told the court that Bankman-Fried instructed the company's cofounder Gary Wang to create the backdoor. The move enabled Bankman-Fried's hedge…

Clinton Judge Hides Identities of FTX CEO’s $250M Bail Backers

The Bill Clinton-appointed judge overseeing the billion-dollar fraud case of Sam Bankman-Fried has agreed to hide the identities of those who paid the disgraced FTX CEO's $250 million bail. Bankman-Fried, FTX's founder and a Democrat super donor, pleaded not guilty to the charges in a New York court on Tuesday.…