Prosecutors Quietly Drop Five Charges Against Democrat Megadonor Sam Bankman-Fried, Likely To Walk

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The crypto founder who stole $4 billion and gave half of it to Democrat candidates. If he were a Republican he would be in federal prison for life. This is Democrat justice.

Legal Analyst: “The prosecution is busily dismantling their own case to a degree that’s obvious. Someone doesn’t want SBF to get any jail time.”

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Prosecutors Quietly Drop Five Charges Against Democrat Megadonor SBF

By Cullen McCue, Tredning Politics, June 18, 2023

Federal prosecutors have pushed back five charges against disgraced cryptocurrency mogul and Democrat megadonor Sam Bankman-Fried, who was arrested after the collapse of his cryptocurrency exchange FTX.

Bankman-Fried, who is commonly referred to as SBF, was arrested late last year and charged with eight federal counts. Original charges included conspiracy to commit wire fraud and campaign finance violations. Additionally, over $8 billion of FTX customer deposits were found to be missing.

Prosecutors have alleged that Bankman-Fried took billions from customers for personal use, including luxury real estate and political donations. The scheme fell apart when the cryptocurrency market collapsed last year, officials said.

In January, an attorney for FTX testified that SBF used a secret backdoor to launder money to Alameda Research, an FTX sister company. Caroline Ellison, the former girlfriend of SBF and CEO of Alameda Research, cut a deal with prosecutors in which she admitted that the couple conspired to mislead FTX customers and investors.

On Thursday, federal prosecutors in New York offered to sever five additional charges against Bankman-Fried if the judge agrees to try him on those charges later. The five additional charges were added after Bankman-Fried was extradited from the Bahamas, where his cryptocurrency exchange was headquartered.

The withdrawn charges include fraud relating to a scheme where SBF allegedly created a fake company with no staff to get around being barred from a California bank account, and a bribery conspiracy charge alleging that he spent $40 million trying to influence a Chinese government official.

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Zeus
Zeus
10 months ago

We may as well be living under a king….
It actually looks like we are.
I wonder why. /s

Fork It
Fork It
10 months ago
Reply to  Zeus

Joseph Robinette Biden Mussolini, Jr., ain’t got enough class to be a king. That cretin is simply a fascist dictator.

Zeus
Zeus
10 months ago
Reply to  Fork It

I didn’t say Biden was king. Biden is a puppet.
Who do you think it really running western civilization, including the USA?

Cowgirl Diva
Cowgirl Diva
10 months ago
Reply to  Zeus

WHO…? Filthy Rich Global Communist, Marxist Oligarchs…!!

Cowgirl Diva
Cowgirl Diva
10 months ago
Reply to  Zeus

Treasonous Dictator(s)..!!

fir1
fir1
10 months ago
Reply to  Zeus

Looks? This is the same nonsense that started the Revolutionary War

Algorithmic AnalystD
Algorithmic Analyst
10 months ago

Got away with billions, gave the Democrats more than their fair share, naturally he walks 🙂

From a Remote Location
From a Remote Location
10 months ago

While Daniel Penny who defended himself against a psycho is facing life in prison just for defending himself.

turtlebrat
turtlebrat
10 months ago

we should donate to his give send go legal fund

Theo Prinse
Theo Prinse
10 months ago

Sam Bankman-Fried and his FTX FTT crypto coin are still on the market and contribute to the replacement of Marxist centralized fiat money by DE-centralized People’s currencies.
FTX was in the middle of huge market movements like giant crypto king Bitcoin went from November 2020 to April May 2021 and again from June to November 2021 to 65000 USD whereas FTX FTT went from January to May 2021 and from June to September 2021 to 38 USD.
You could argue that Bitcoin aggressively spoiled any chance for Sam Bankman-Fried to survive such market movements.
It is like Turkey and Russia after the Bank crisis of 2008. Both invested hugely in a too-high expectation when they lend the finance. So they went down when the crisis demanded payments they were not prepared for.
Sam Bankman-Fried is a valuable player and should best return leading in the crypto market

Last edited 10 months ago by Theo Prinse
Fork It
Fork It
10 months ago
Reply to  Theo Prinse

When a company speculates with their customer’s money, it isn’t a downturn in a trading product, it’s outright fraud. It is akin to a Registered Commodity Firm taking customer money from segregated accounts and playing with it to result in a total loss.

That is theft on a grand scale, “valuable player” or not.

Cowgirl Diva
Cowgirl Diva
10 months ago
Reply to  Theo Prinse

…a demonic criminal Demoncrap should not be “leading” anything..!

John Pepin
John Pepin
10 months ago
Reply to  Theo Prinse

I expect Bankman-fried to get the John Cornyn treatment.

Remember, the democrat Cornyn stole money from his customer’s segregated accounts to pay his debts… and wasn’t even charged,.

It’s nice to be a democrat… until you face your eternal reward.

Zeus
Zeus
10 months ago

This seems like a way to make currency that competes with the Rothschild central banks look like a bad investment, and actually reward the MF who did it.

edD
ed
10 months ago

In the movie “Superbad”, the fat kid with the puffy head ended up getting his date with “Jules”.

Is this story, the fat kid with the puffy head will get no jail time and all the charges against him will be dropped.

A happy ending for both…life, imitating art.

Snowedin
Snowedin
10 months ago

2 different laws. One for the progressive, commie, demoncraps, and RINOs and one set of laws for the republicans.

Cowgirl Diva
Cowgirl Diva
10 months ago
Reply to  Snowedin

….the Injustice System…..very unjust…!

Larry Chambers
Larry Chambers
10 months ago

So unfair to see Trump not get this kind of kid glove treatment.

Cowgirl Diva
Cowgirl Diva
10 months ago
Reply to  Larry Chambers

President Trump has been and is a persecuted political target ever since he announced his candidacy for President many years ago..! He has been the most abused, undermined, hassled, lied to, betrayed and targeted man in American History..!! It’s completely evil and demonic..!! Demoncraps will stop at nothing….lying…cheating…stealing…and any and every evil act…in order to gain and hold power..!!

Larry Chambers
Larry Chambers
10 months ago

Guess JB gets to keep that stolen $5 million donated by SBF.

Cowgirl Diva
Cowgirl Diva
10 months ago
Reply to  Larry Chambers

….keep it and not held accountable for his treasonous acts..!

turtlebrat
turtlebrat
10 months ago
Reply to  Larry Chambers

and so do the dems he donated to until a lawsuit is filed and the judge is not a dem

Cowgirl Diva
Cowgirl Diva
10 months ago

Just look at that Demonic Demoncrap face..!! Tells us all we need to know about what those demon criminal crooks are capable of, doesn’t it.!?

hurtingangel
hurtingangel
10 months ago

The people he ripped off can file a civil suit against bankman fried along with slapping liens on anything he owns.

garry pollackD
garry pollack
10 months ago
Reply to  hurtingangel

…disconnected from reality…

garry pollackD
garry pollack
10 months ago

SBF , DOJ, FBI on this R all guilty of treason…”giving aid & comfort to the enemy…”

John Pepin
John Pepin
10 months ago

When a politicians is not subject to the vote,
On the people he will not dote,
Doing as he please,
Life is a breeze,
And the law around him forms a moat.

Tom
Tom
10 months ago

He’ll be back with another mega billion scheme. Another candidate for the death penalty.

Stephen Honig
Stephen Honig
10 months ago

He gave too much to the DemoRats and he wont go to prison. He’ll probably get five years probation.

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