Prosecutors investigating accused crypto grifter Sam Bankman-Fried have demanded information from high-level Democrats — including the Democratic National Committee, the Democratic Congressional Campaign Committee and Latest York Rep. Hakeem Jeffries, the incoming House minority leader — to assist prove their sprawling case, in line with a report.
Top Dem lawyer Marc E. Elias, who represents an extended list of political campaigns and super PACs, received an email from the US attorney’s office for the Southern District of Latest York asking for details about donations received from Bankman-Fried, sources told the Latest York Times on Saturday.
Unnamed Republicans and other Democratic campaigns received similar messages, the sources said.
Bankman-Fried, 30, who was arrested within the Bahamas Monday on a raft of felony charges within the wake of the November collapse of his FTX crypto exchange, allegedly siphoned off $1.8 billion dollars of customer money, using a few of it to change into the Democrats’ second-largest individual donor — behind billionaire businessman George Soros — within the 2022 election cycle.
Accused crypto fraudster Sam Bankman-Fried, arrested Monday, faces as much as 115 years in prison if convicted.REUTERS
The cryptocurrency king spent $10 million on President Joe Biden’s election effort in 2020 and dropped greater than $40 million on Democratic Party get-out-the-vote efforts within the 2022 midterms.
A minimum of 11 Democratic and Republican members of the House Financial Services Committee, which oversees the cryptocurrency market, received nearly $95,000 in donations from Bankman-Fried and his FTX cronies, The Post has found.
The FTX cryptocurrency exchange collapsed in November after Bankman-Fried allegedly siphoned off $1.8 billion dollars of customer money.AP
The prosecutors asked for internal campaign records that would prove FTX executives lied by claiming the cash they gave was their very own, as required by the Federal Election Commission.