Sam Bankman-Fried, the bad boy of cryptocurrency crime and illegal Democratic Party and candidate donations, will appear in a Manhattan courtroom on Jan. 3, before U.S. District Judge Ronnie Abrams.
Bankman-Fried founded FTX, a cryptocurrency exchange, in 2019. He gave away hundreds of millions of dollars to Democrat candidates and causes. By the end of 2022, he was in jail for essentially stealing the investments of thousands of cryptocurrency pioneer investors, laundering the money through a sub-company called Alameda Research, and giving it to political entities on the Left, likely influencing the outcome of 2022 elections, and possibly the control of the U.S. Senate because the of the sheer size of the resources he made available to Democrats.
While Bankman-Fried funded mostly Democrats, including the Alaska Democratic Party, he also funded the campaign of Sen. Lisa Murkowski, a liberal Republican who has represented Alaska in Washington D.C. since 2002. He admitted to making other secret donations to political action committees that were backing various candidates.
Bankman-Fried, who was arrested in the Bahamas, was released from jail on a $250 million bail and placed on home detention at his parents’ house in Palo Alto, California, as he awaits trial.
The Jan. 3 hearing is not the trial itself. At the hearing, Bankman-Fried is expected to plead not guilty on eight charges, which include federal crimes such as wire fraud, conspiracy to commit wife fraud,…
