🚀🔍 The trial of former FTX CEO Sam Bankman-Fried has revealed surprising revelations about his high-profile connections. Following FTX's sudden bankruptcy, Bankman-Fried came under scrutiny for alleged fraud.
FBI agent Richard Busick played a critical role in uncovering the depth of Bankman-Fried's interactions with global power players. Phone records and email correspondence show conversations with many influential people.
In particular, a documented interaction with former US President Bill Clinton at the Hilton hotel in New York on September 20 stands out. Also on Bankman-Fried's calendar is a meeting with New York Governor Kathy Hochul, possibly at the Capital Grille.
The interestingness doesn't end here. The records also hint at encounters with prominent Saudi figures such as Saudi Aramco's auditor Yasir bin Othman Al-Rumayyan and Saudi Arabian investment minister Khalid A. Al-Falih. An earlier meeting with NYC Mayor Eric Adams in March also further complicates the story.
These findings align with statements from Bankman-Fried's former FTX colleagues, including FTX's former head of engineering Nishad Singh. Testimonies describing attempts at political maneuvering through strategic donations are also an important theme in Michael Lewis's latest book, "Going Infinite."
FTX's unraveling began with a liquidity squeeze in November 2022 and culminated in a bankruptcy declaration on the 11th of that month. The situation worsened in December when US authorities charged Bankman-Fried with fraud. He was extradited to the United States following his arrest in the Bahamas. Things got even more complicated when former FTX and Alameda Research executives Caroline Ellison and Gary Wang admitted to fraud. Her confessions set the stage for the ongoing legal battle against Bankman-Fried.
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