Insights on Sam Bankman-Fried’s ‘dark’ Republican political donations

1 year ago

Former FTX CEO Sam Bankman-Fried (SBF) gave his archetypal interrogation with “citizen journalist” Tiffany Fong post-collapse.

The brace discussed aggregate aspects of the FTX saga, including the “backdoor,” FTT arsenic collateral, and his regrets. But of peculiar involvement were SBF’s comments connected acheronian wealth donations made to Republican politicians.

It is wide known SBF was a important protagonist of the Democrat administration. His $37 million donations made him the party’s second-biggest donor, aft capitalist George Soros.

Some speculate this nexus is simply a origin successful the deficiency of transgression proceedings against him. For example, lawyer John E. Deaton questioned wherefore authorities person failed to respond, calling the transgression justness strategy “compromised.”

Let maine marque this wide if SBF isn’t arrested and charged with fraud, wire-fraud, theft, and perchance wealth laundering earlier and alternatively gets to spew retired his bullshit narrative, our strategy of justness has been compromised. @ewarren you assertion to beryllium for the small guy, wherever are you https://t.co/cdmOa7U0an

— John E Deaton (@JohnEDeaton1) November 23, 2022

However, based connected Fong’s interview, it seems SBF has much governmental clout than archetypal thought.

Sam Bankman-Fried played some sides

In caller months, Fong’s investigations into Celsius, and present FTX, person earned her a estimation for dependable investigative journalism.

During the 20-minute interview, the contented of political donations cropped up, with SBF saying helium donated “about the aforesaid amount” of wealth to some parties. Further, donations to the Republican enactment were “dark.”

“I donated to some parties, I donated astir the aforesaid magnitude to some parties… All my Republican donations were dark.”

Explaining wherefore helium chose this route, SBF said it was not for regulatory reasons. Rather, it was to quell the imaginable backlash from left-biased quality outlets.

“It’s due to the fact that reporters freak the f*ck retired if you donate to Republican. They’re each secretly wide and [I] didn’t privation to person that fight, truthful I made each the Republican ones dark.”

Coffeezilla speaks

Chiming successful connected the disclosure, YouTuber Coffeezilla aka Stephen Findeisen, said determination was a batch to unpack with SBF’s comments.

Firstly, referring to SBF’s present infamous tweet successful which helium said “FTX is fine,” Coffezilla said helium is skeptical astir whether the erstwhile CEO is telling the truth. Nonetheless, whether helium is lying oregon not, it is simply a lose-lose concern for SBF.

Sharing his insights, Coffeezilla said it goes to amusement that SBF has nary governmental agenda, lone that helium wanted to beryllium almighty and to beryllium seen to care, “that’s wherefore helium played some sides.”

“If he’s lying, this looks atrocious for him. But if he’s telling the information it looks worse. It shows you however cynical Sam was. He ne'er cared astir politics. He cared astir powerfulness and perception”

Coffeezilla continued by saying this mindset is astir “trying to trade an image.” With the generous billionaire representation successful tatters, SBF is present trying to deflect the transgression communicative into 1 of “the astute feline who made an embarrassing mistake.”

The station Insights connected Sam Bankman-Fried’s ‘dark’ Republican governmental donations appeared archetypal connected CryptoSlate.

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