Bankman-Fried Flooded Politicians with Millions of Dollars From FTX Clients, Prosecutors Say

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The Street

By Luc Olinga Bankrupt cryptocurrency exchange founder allegedly used a straw donor scheme to gain influence in Washington D.C, new court documents show. Sam Bankman-Fried, 30, was known to be a big donor to the Democrats. He was the face of the cryptocurrency industry with whom politicians could appear in front of the cameras. Known as SBF, the former trader became the crypto king or “the figurehead of a trustworthy and law-abiding segment of the cryptocurrency industry” and a “savior” of the fledgling financial services industry which wants to disrupt traditional finance with the help of blo…

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