It might not be obvious, but this is a big, big deal. U.S. lawmakers, prosecutors and judges are understandably not huge fans of attempts to illegally subvert U.S. democracy (after all, they’ve created plenty of convenient, legal methods for doing so). The charges describe in depth the use of so-called “straw donors” to funnel FTX money (really, FTX user funds) to political campaigns by fraudulently representing them as donations from individuals, including two unnamed FTX executives.
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- Source: https://www.coindesk.com/consensus-magazine/2023/02/24/sam-bankman-fried-cosplayed-as-a-genius-the-facts-reveal-his-incredible-stupidity/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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