Sunday, July 2, 2023

Sam Bankman-Fried

Judge Clears Path For Liberal Megadonor To Face Trial

A federal judge rejected Democrat megadonor Sam Bankman-Fried's attempt to have criminal charges against him thrown out, clearing the way for the cryptocurrency exchange founder to stand trial in October.

Bankman-Fried, the founder of now-bankrupt cryptocurrency exchange FTX, is accused of stealing billions of dollars in FTX customer funds to plug losses at his hedge fund, Alameda Research, misleading investors and lenders, and illegally making contributions to U.S. political campaigns in the names of his colleagues, according to The Washington Free Beacon.

More than 95 percent of Bankman-Fried's contributions went to Democrats and Democratic committees. Did any of these DIMS give the money back?

Bankman-Fried wanted 11 of the 13 felony counts dismissed. The judge said,"no."

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