If you didn’t know the name Sam Bankman-Fried just a few weeks ago, you probably have by now. The 30-year-old CEO of FTX–a crypto investment firm–has been in the news constantly. His company, once valued at over $30 billion, went bankrupt last month. Customers watched their investments disappear. Accusations of fraud exploded as SBF fled the country.
It seems SBF was involved in all kinds of shady activities, to enrich himself and short the crypto market. But everything collapsed and now he is in hot water. Law enforcement in the Bahamas has arrested him–and he is sure to be extradited to the United States. And now, new revelations show that this alleged crook was in bed with none other than Joe Biden.
So it looks like Sam Bankman-Fried funneled over $5,000,000 to a pro-Biden PAC just before the election via Alameda Research…
One of Bankman’s fellow executives gave a million bucks to the same PAC a few days earlier as well. [Source: Twitter]
So it looks like Sam Bankman-Fried funneled over $5,000,000 to a pro-Biden PAC just before the election via Alameda Research. https://t.co/c4m3oYQbaQ pic.twitter.com/IxZvfrYSBn
— FoiaFan (@15poundstogo) December 13, 2022
One of Bankman’s fellow executives gave a million bucks to the same PAC a few days earlier as well. pic.twitter.com/JT7FgZlPNx
— FoiaFan (@15poundstogo) December 13, 2022
Well, look at that. Sam Bankman-Fried donated over $5 million to the Future Forward PAC. One of his partners also gave a million bucks to the same PAC at the same time. The FF PAC is a Democrat-run super PAC that spent $108 million in the last five weeks of 2020 to help get failed president Joe Biden elected.
According to federal law, PACs are not allowed to work directly with candidates. But often that rule is broken and swept under the rug. These PACs are run by members of the Democratic Party, who constantly interface with candidates and their campaigns.
Sam Bankman-Fried was known for being a major donor to the Democratic Party. He was the largest donor to the party in 2020, aside from George Soros. Why was this shifty, 30-year-old kid running a mysterious crypto company gaining so much influence within a major political party?
As it turns out, SBF was a crook who conned millions of investors out of their money. Is that money gone or is he hiding it somewhere? Some have said SBF is worse than Bernie Madoff, the vile Ponzi scheme runner who was taken down in 2008.
And why is that whenever we look at Joe Biden’s allies and supporters, they are always scum? Biden’s own family is full of crooks. The biggest donor to his campaign for president was just arrested on serious allegations. When are we going to admit that this man is no good? And that all the criminality going on stops at him?
Will Biden be investigated for accepting money from this fraudster? Will anyone bother to ask why a Democrat super PAC so gladly took this money? What did SBF get in exchange for these donations? (Nobody gives $5 million away for nothing.)
I’m sure the party will tell us all that very soon!
Author: Jim Stone
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