Politicians urged to return 'dirty money' from Sam Bankman-Fried amid campaign finance charges

FTX: Politicians told to return ‘dirty money’ from Sam Bankman-Fried amid fraud, campaign finance chargesSam Bankman-Fried, founder and CEO of FTX Prosecutors have alleged that FTX founder Sam Bankman-Fried used “dirty money” stolen from customers in an attempt to buy influence with politicians from both political parties.

He said the investigation into the unravelling of the cryptocurrency exchange was “ongoing” and “moving quickly”, adding: “While this is our first public announcement, it will not be our last.” As well as charges of defrauding customers of FTX, lenders to Alameda Research, and private investors in FTX, Mr Bankman-Fried is accused of campaign finance violations with “dirty money… intended to buy bipartisan influence and impact the direction of public policy in Washington.”

Source: News Formal (newsformal.com)

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