Cindy Schumacher

If Sam was donating based on his values why did he give to both parties? Did anyone notice in the midterms the election expenditures were 2:1 Democrats?
"Was FTX A Political Money-Laundering Operation?
A month ago, I noted that fraudster Sam Bankman-Fried and two other FTX executives gave an estimated $57 million to Democratic candidates and groups and $22 million to Republican candidates and groups. I promised to keep track of which politicians and PACs give the money back so it can go to the victims of SBF’s Ponzi scheme.
The United States attorney’s office in New York has since called on everyone linked to FTX to "work together to return that money to innocent victims.”
A few - including incoming House Democratic leader Hakeem Jeffries and Rep.-elect Aaron Bean, a Florida Republican — have either returned FTX donations or given the money to charity. But they remain outliers.
Meanwhile, new donations linked to FTX keep turning up.
A Biden-linked nonprofit called Future Forward USA Action received $1.65 million that was linked to FTX.
One group that appears linked to FTX money is the Elias Group, a law firm described by the New York Times as "the leading political law firm on the left.” Elias was the lawyer who acted as the go-between for payments from Hillary's 2016 campaign to the folks who produced the infamous and inaccurate Steele Dossier that smeared Donald Trump over RussiaGate.
The Times further reported that political groups represented by the Elias firm that got FTX money include the Democratic National Committee, the Democratic Congressional Campaign Committee, the Democratic Senatorial Campaign, and the House Majority PAC.
A question to you folks:
Do you think these politicians will ever return the funds?
I personally highly doubt it. House Majority PAC took in $6 million from SBF, but it now has less than $500,000 in assets.
What do you think can be really done to enforce a fair judgment to the victims of this outlandish Ponzi scheme?

Posted by: Timothy Birdnow at 07:02 AM | No Comments | Add Comment
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