United States presidential candidate Robert F. Kennedy Jr. has weighed in and expressed shock on the US governments latest resolution to drop six fees towards disgraced FTX founder Sam Bankman-Fried (SBF).
In the meantime, he accused the federal government of corruption and is questioning the rationale behind dropping fees associated to such a major sum of cash.
Kennedy Jr. Raises Considerations Over Dropping Bankman-Fried Prices
In a publish on X (previously Twitter), Kennedy Jr shared the information that Bankman-Fried has had fees dropped towards him for allegedly donating $100 million in stolen buyer funds to varied politicians.
In the meantime, Kennedy Jr commented that it isn’t a surpris. He claims it reveals an even bigger drawback at giant inside the US authorities:
“Nobody is even shocked. THAT is an even bigger drawback than the fraud itself. It reveals how normalized corruption has change into.”
Learn extra: FTX Collapse Defined: How Sam Bankman-Fried’s Empire Fell
Bankman-Fried Allegedly Had an Agenda Behind the Donations
Nevertheless, Bankman-Fried allegedly directed two former FTX executives to channel over $100 million to sure candidates.
In the meantime, Bankman-Fried allegedly advised these executives to skirt authorized marketing campaign limits to make sure pro-crypto business politicians received races.
“He leveraged this affect, in flip, to foyer Congress and regulatory businesses to help laws and regulation. He believed would make it simpler for FTX to proceed to just accept buyer deposits and develop,” the 14 August indictment learn.
Learn extra: 4 Greatest Crypto Be taught and Earn Platforms in 2024
Disclaimer
In adherence to the Belief Mission tips, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to supply correct, well timed data. Nevertheless, readers are suggested to confirm details independently and seek the advice of with knowledgeable earlier than making any choices primarily based on this content material. Please notice that our Phrases and Situations, Privateness Coverage, and Disclaimers have been up to date.