In August, US prosecutors alleged in an indictment that Bankman-Fried directed more than $100 million in political campaign contributions ahead of the 2022 US midterm elections. The department accused him of making donations to both Democrats and Republicans in order to hide the origin of the money. Michael Lewis, author of The Big Short and Flash Boys, wrote in his new book about the history of FTX that Bankman-Fried once considered paying Donald Trump $5 billion. for him not to run for office
FTX managers revealed the reasons for the collapse of the crypto exchange
Sam Bankman-Fried, unlike his partners, pleads not guilty. His lawyers are building a defense around their client as a “geek” who created two successful companies that were hit by the 2022 digital currency market crash. According to their position, Bankman-Fried never set out to steal client funds.
FTX managers revealed the reasons for the collapse of the crypto exchange
Sam Bankman-Fried, unlike his partners, pleads not guilty. His lawyers are building a defense around their client as a “geek” who created two successful companies that were hit by the 2022 digital currency market crash. According to their position, Bankman-Fried never set out to steal client funds.
