SBF met with Biden's senior advisors 2 months before FTX collapse: Report

1 year ago

The FTX laminitis met with elder White House officials astatine slightest 4 times successful 2022.

 Report

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Former FTX CEO Sam Bankman-Fried met with authorities officials astatine the White House connected astatine slightest 4 abstracted occasions successful 2022, and reportedly a gathering conscionable 2 months earlier the autumn of his crypto empire.

Most of the meetings were disclosed successful visitant logs which are posted by the White House each month, showing that Bankman-Fried had met with Counselor to the President Steve Ricchetti connected Apr. 22, 2022 and May. 12, 2022 on with different gathering connected May 13 gathering with argumentation advisor Charlotte Butash

However, according to a Dec. 29 Bloomberg report, the erstwhile FTX CEO besides met with the President’s counsellor Ricchette arsenic recently arsenic Sept. 8, successful a gathering that did not amusement up connected the visitant logs.

White House 2022 visitant logs featuring Sam Bankman-Fried. Source: The White House

The revelation has piqued the curiosity of crypto assemblage members, who privation to cognize wherefore determination seemed to beryllium specified a revolving doorway of visitations betwixt FTX and the White House.

FTX CEO Sam Bankman-Fried reportedly had 4 meetings astatine the White House starring up to the 2022 mid word elections.

Biden needs to explicate what his medication was doing gathering truthful often with crypto fraudster SBF.

— Paul A. Szypula (@Bubblebathgirl) December 29, 2022

As per the report, sources suggested authorities had not been discussed astatine the meeting, and that conversations were focused connected the crypto industry, exchanges and pandemic prevention.

Related: Prosecutors improbable to connection Sam Bankman-Fried a favorable plea deal, says lawyer

Despite surviving successful the Bahamas Bankman-Fried is understood to person been a regular visitant to Washington arsenic helium pushed to power crypto argumentation and marque connections successful Washington, and was antecedently accused of attempting to redirect regulators distant from centralized exchanges similar FTX to decentralized concern (DeFi) platforms specified arsenic lending protocol MakerDAO.

Bankman-Fried was a significant donor to the Democrats, and successful a Nov. 16 interrogation with crypto vlogger Tiffany Fong admitted that helium had donated astir the same to some parties, but that his “Republican donations were dark.”

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