'Dirty money': Unpacking the campaign finance charges against Sam Bankman-Fried

Brasil Notícia Notícia

'Dirty money': Unpacking the campaign finance charges against Sam Bankman-Fried
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 axios
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

It's a significant footnote in what prosecutors are calling 'one of the biggest financial frauds in American history.'

Sam Bankman-Fried is escorted out of the Magistrate Court building in Nassau, Bahamas, on Tuesday. Photo: Dante Carrer/Reuters

Bankman-Fried's attorney, Mark S. Cohen, said in a statement that he "is reviewing the charges with his legal team and considering all of his legal options.”Bankman-Fried gave tens of millions to Democratic candidates and groups this cycle. He has said he also made large contributions to Republican political candidates, but did so in a way that hid the donations."[R]eporters freak the f**k out if you donate to a Republican because they’re all super liberal.

It can also be used by a single donor to circumvent campaign contribution limits by parceling out a large donation among multiple straw donors, or by companies trying to get around corporate donation restrictions by routing money through an individual donor., the Securities and Exchange Commission alleged Bankman-Fried illegally steered money from his cryptocurrency trading firm, Alameda Research, to federal political candidates.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

axios /  🏆 302. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Live updates: FTX founder Sam Bankman-Fried charged with fraud, money launderingLive updates: FTX founder Sam Bankman-Fried charged with fraud, money laundering'This is really old-fashioned embezzlement,' new FTX CEO John J. Ray says in a House hearing on the collapse of the crypto firm. 'This is just taking money from customers and using it for your own purpose. Not sophisticated at all.'
Consulte Mais informação »

Feds charge former FTX CEO Sam Bankman-Fried with money laundering and all kinds of fraudFeds charge former FTX CEO Sam Bankman-Fried with money laundering and all kinds of fraudThe authorities arrested Bankman-Fried on Monday night.
Consulte Mais informação »

Sam Bankman-Fried charged with criminal fraud and money launderingSam Bankman-Fried charged with criminal fraud and money launderingBREAKING: Federal prosecutors have charged FTX founder and former CEO Sam Bankman-Fried with multiple charges of fraud, conspiracy and money laundering.
Consulte Mais informação »

Sam Bankman-Fried, FTX founder, charged with fraud, money launderingSam Bankman-Fried, FTX founder, charged with fraud, money launderingThe Justice Department disclosed the charges against against Sam Bankman-Fried, the disgraced founder of the cryptocurrency exchange FTX.
Consulte Mais informação »



Render Time: 2025-02-28 16:01:02