Sam Bankman-Fried used stolen FTX customer funds to make $93 million in illegal political donations β€” documented evidence
🟒 CONFIRMED

SBF was charged with using misappropriated customer deposits to make over 300 illegal political donations to both Democratic and Republican candidates, totaling $93 million. The scheme evaded individual donation limits and reporting requirements. The DOJ stated it was all 'in service of Bankman-Fried's desire to buy bipartisan influence.' He was convicted on seven federal counts and sentenced to 25 years in prison.

Sam Bankman-Fried used stolen FTX customer funds to make $93 million in illegal political donations

CORPΒ·November 11, 2022Β·By Coffeezilla / Crypto InvestigatorsΒ·3.2K upvotesΒ·118 comments
What They Said Was Crazy
β€œSBF is using stolen customer money to buy political influence and protection in Washington.”
β€” Coffeezilla / Crypto InvestigatorsNovember 11, 2022Source

πŸ“„ The Receipts

β˜…
PRIMARYDOJ: FTX Founder Indicted for Fraud, Money Laundering, Campaign Finance
www.justice.gov/archives/opa/pr/ftx-founder-indict...
DOCUMENTOpen
β˜…
PRIMARYSBF diverted FTX funds to political campaigns (CNBC)
www.cnbc.com/2022/12/13/ftx-founder-sam-bankman-fr...
ARTICLEOpen
β˜…
PRIMARYFTX and SBF spent $93 million on political donations (Fortune)
fortune.com/crypto/2023/02/06/ftx-and-sam-bankman-...
ARTICLEOpen

βš–οΈ The Record, Side by Side

What they said vs. what the evidence shows

What They Said
β€œFTX is fine. Assets are fine. Customer assets are held 1:1.”

β€” SBF / FTX PR Β· Nov 2022

What Actually Happened
PrimaryDOCUMENT

DOJ: FTX Founder Indicted for Fraud, Money Laundering, Campaign Finance

PrimaryARTICLE

SBF diverted FTX funds to political campaigns (CNBC)

PrimaryARTICLE

FTX and SBF spent $93 million on political donations (Fortune)

πŸ™ˆ They Laughed At Us

β€œFTX is fine. Assets are fine. Customer assets are held 1:1.”
β€” SBF / FTX PR, 2022

⏳ The Vindication Timeline

From β€œcrazy” to confirmed

The Claim Is Made

This is the moment they called it crazy.

Confirmed: They Were Right

The truth comes out. Officially documented.

πŸ“Š How Right We Were

Evidence strength
9/10
Source diversity
5/10
Community consensus100% agree

The People Speak(118)

No one's said anything yet. Be the first to drop your take.

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