FTX Laundered Money for the Democratic Party and Used Customer Assets to Cover Trading Losses

Sam Bankman-Fried, CEO of FTX Trading Ltd., has been charged with conspiracy to commit wire fraud and securities fraud, individual charges of securities fraud and wire fraud, money laundering and conspiracy to avoid campaign finance regulations. Apparently, the crypto billionaire used a multitude of schemes to funnel illegal finances to the Democratic Party for the 2020 and 2022 election cycles. Many believe that Sam Bankman-Fried is simply the fall guy and that others within the Democratic Party were, in fact, the masterminds of the greatest Ponzi scheme in American history.

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