Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials

1 year ago

Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ with Biden Administration Officials

According to nationalist filings, erstwhile crypto billionaire and FTX co-founder Sam Bankman-Fried met with elder Biden medication officials earlier helium was indicted for fiscal fraud. When asked astir the visits, White House property caput Karine Jean-Pierre told the property the meetings progressive discussions astir “pandemic prevention.”

Senior White House Staff Met With Former Billionaire Sam Bankman-Fried to Discuss ‘Crypto Industry’ and ‘Pandemic Prevention’

The disgraced FTX co-founder Sam Bankman-Fried (SBF), who is presently charged with 8 counts of fiscal fraud and misconduct, met with the elder White House advisor Steve Richetti 3 times. SBF besides met with the White House lawman main of unit Bruce Reed connected 1 juncture arsenic well. SBF donated a large woody of wealth to Democrat leaders successful the U.S., including $5.2 cardinal successful run donations to the existent president Joe Biden.

According to reports, respective members of the U.S. Democratic Party and definite run committees are presently nether probe by national prosecutors for donations associated with SBF. Just recently, during a Dec. 13, 2022 property briefing, a newsman asked White House property caput Karine Jean-Pierre if the medication would instrumentality the funds.

“I’m covered present by the Hatch Act,” Jean-Pierre remarked to the reporter. She further noted that determination were limitations connected what she could accidental to the press. ”Anything that’s connected to governmental contributions, from present I would person to notation you to the DNC,” Jean-Pierre added.

Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ with Biden Administration OfficialsOn Tuesday, White House Press Secretary Karine Jean-Pierre addressed questions from the property regarding SBF, marking the 2nd clip the Biden medication has dealt with questions astir the indicted erstwhile CEO of FTX.

To commencement the caller year, the White House held a press briefing connected Jan. 3, 2023, and Jean-Pierre was asked astir the 4 meetings with SBF and elder Biden medication officials. Biden’s property caput explained that the meetings were astir gathering wide cognition astir the crypto manufacture and pandemic prevention.

“Let maine springiness you a fewer rundowns here. As we antecedently confirmed and arsenic you know, I cognize you’re pursuing this precise closely, these meetings included Steve Richetti and Bruce Reed, the meetings focused connected pandemic prevention related to Sam Bankman-Fried’s foundation,” Jean-Pierre said. “And wide accusation connected the cryptocurrency manufacture and crypto exchanges. Look, you know, the medication has been wide astir the request for Congress to instrumentality enactment erstwhile we speech astir addressing cryptocurrency.”

Jean-Pierre besides discussed Biden’s focus connected the crypto manufacture and his caller executive order past March. “The president arsenic you cognize released an enforcement bid connected this taxable conscionable past March. And the president released a model for protecting consumers past autumn and past November,” the property caput continued. “Secretary Yellen renewed the administration’s telephone for Congress to instrumentality action. So arsenic you cognize the White House regularly engages with officials from a scope of industries and sectors including leaders successful businesses similar nonprofits.”

Jean-Pierre added:

Again this gathering with Sam Bankman-Fried was focused connected pandemic prevention-related matters and cryptocurrency and crypto exchanges.

The pandemic prevention commentary was a topical discussion connected societal media aft the Jan. 3 property briefing published connected Tuesday. Jean-Pierre’s statements were mocked conscionable similar her Hatch Act statements 2 weeks prior. One idiosyncratic who joked astir Jean-Pierre’s SBF comments said that possibly the White House should “schedule a gathering with Jordan Belfort (the Wolf of Wall Street) connected vaccines next.”

What bash you deliberation astir the White House’s statements concerning elder Biden officials gathering with the indicted FTX co-founder SBF? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Jamie Redman

Jamie Redman is the News Lead astatine Bitcoin.com News and a fiscal tech writer surviving successful Florida. Redman has been an progressive subordinate of the cryptocurrency assemblage since 2011. He has a passionateness for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written much than 6,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

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