IT’S OFFICIAL: Corrupt DOJ Will Not Look Into FTX Donations to Politicians and China | Joe Hoft


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IT’S OFFICIAL: Corrupt DOJ Will Not Look Into FTX Donations to Politicians and China

This comes as no surprise to anyone who follows the actions of this corrupt DOJ.

You could have predicted this months ago.  In fact we did.

EXCLUSIVE: Yesterday the DOJ Covered-Up Possibly the Largest Money Laundering Scheme in US History and It Didn’t Involve Hunter Biden

On Friday before the New Year’s weekend, the corrupt DOJ shared with the courts that they won’t dig into the millions, if not billions, of dollars funneled to US politicians and China through FTX.

This is the crime. 

Daily Mail reported:

Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange, will not face a second trial on separate charges in the case, including campaign finance violations.

In a letter filed on Friday night in federal court in Manhattan, prosecutors said the ‘strong public interest’ in a prompt resolution of their case against the 31-year-old former billionaire outweighed the benefits of a second trial.

Prosecutors said that interest ‘weighs particularly heavily here,’ given that Bankman-Fried’s scheduled March 28 sentencing will likely include orders of forfeiture and restitution for victims of his crimes.

In their letter to US District Judge Lewis Kaplan, prosecutors noted that they introduced evidence about all of the dropped charges during Bankman-Fried’s monthlong first trial, which the judge can weigh at sentencing.

Last month, jurors convicted Bankman-Fried on all seven fraud and conspiracy counts he faced. Prosecutors had accused him of looting $8 billion from FTX customers out of sheer greed.

Bankman-Fried had faced six additional charges that had been severed from his first trial, including conspiracy to make unlawful campaign contributions, conspiracy to bribe foreign officials and two other conspiracy counts.

The bribery charge related to allegations that Bankman-Fried made a $40 million cryptocurrency payoff to Chinese officials so they would unfreeze his hedge fund’s accounts.

Evidence at the first trial indicated that Bankman-Fried directed ‘straw donor’ donations to US political candidates using customer funds, as he sought to influence regulations.

Bankman-Fried was known as a major donor to Democrats, including Joe Biden’s 2020 presidential campaign, but prosecutors say he also contributed to Republican campaigns as part of the alleged illicit donation scheme.

According to a superseding indictment, Bankman-Fried ‘misappropriated and embezzled FTX customer deposits,’ including more than $100 million spent ‘in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation.’

No surprise here.  You have to wonder if the DOJ received a piece of the pie as well. 

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