spatenfloot
spatenfloot OP t1_j9ph8iy wrote
Reply to comment by OmarLittleFinger in FTX founder Sam Bankman-Fried indicted on new criminal charges, including campaign finance violations | CNN Business by spatenfloot
Yes, and it shows why fraud and financial misdeeds are not effectively prosecuted. He, like many companies, donated to politicians of both parties.
spatenfloot OP t1_j9pg8mq wrote
Reply to FTX founder Sam Bankman-Fried indicted on new criminal charges, including campaign finance violations | CNN Business by spatenfloot
from the article:
" The donations were made with money from Alameda bank accounts
including FTX customers funds that were then transferred to the straw
donors’ personal accounts that made the contributions. The outgoing
transfers were concealed in internal company records as expenses or
loans to those executives. "
spatenfloot OP t1_j9q288d wrote
Reply to comment by SomethingDumbthing20 in FTX founder Sam Bankman-Fried indicted on new criminal charges, including campaign finance violations | CNN Business by spatenfloot
They will probably even keep the money