After prosecutors decided to drop all political financing charges against disgraced DNC operative Sam Bankman-Fried (the man behind the fraudulent crypto-exchange FTX), court records expose the level of collusion between SBF and the DNC in funneling illicit moneys amounting to $100 million for the 2022 campaign alone. Furthermore, the liaisons between the DNC and SBF were also exposed, Nishad Singh and Ryan Salame. Both of whom remain unindicted.
The move by the prosecutors shows the level of collusion involved in protecting the DNC-CCP from the scrutiny it deserves to face, as its empire is largely based on the use of this dark money whose origins can be traced to criminal activities or foreign agents seeking to influence American politics at the detriment to the republic itself, a common enemy for both the DNC and its foreign agents it relies on for much (if not most) of its funding.
SBF Used $100 Million In Stolen FTX Funds For Political Donations – politics.slashdot.org
Excerpt:
Sam Bankman-Fried used money he stole from customers of his FTX cryptocurrency exchange to make more than $100 million in political campaign contributions before the 2022 U.S. midterm elections, federal prosecutors said on Monday. Reuters reports: An amended indictment accused the 31-year-old former billionaire of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans, and to conceal where the money came from. “He leveraged this influence, in turn, to lobby Congress and regulatory agencies to support legislation and regulation he believed would make it easier for FTX to continue to accept customer deposits and grow,” the indictment said.
Bankman-Fried faces seven counts of conspiracy and fraud over FTX’s collapse, though the indictment no longer includes conspiracy to violate campaign finance laws as a separate count. […] Bankman-Fried’s indictment does not name the two people prosecutors say he used for “straw donors” to donate money at his direction. But other court papers and Federal Elections Commission data show they are Nishad Singh and Ryan Salame. Singh, FTX’s former engineering chief, pleaded guilty to fraud and campaign finance violations in February. He donated $9.7 million to Democratic candidates and causes, and said in court he knew the money came from FTX customers.
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