How Sam Bankman-Fried’s ties with the Clintons helped him dupe investors

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SBF cultivated ties with A-list celebrities, politicians and investors alike — but one power couple in particular was key to boosting his profile.

Bill Clinton received hundreds of thousands of dollars to speak at Sam Bankman-Fried’s conference.Asked for a comment about the event, a spokesperson for the Clintons replied, “SBF was never on stage at CGI,” declining to comment further. Over the past year, Bankman-Fried — who lived full-time in the Bahamas before being extradited to the United States in December — mostly spoke at conferences virtually.

For those who bought into FTX, it has been a painful ride, with the top 50 of the bankrupt firm’s 1 million creditors owed $3.1 billion, according to court papers. This week, FTX’s new management said it aims to recoup tens of millions of dollars in political donations that Bankman-Fried and other FTX executives had made.

The Clintons, on the other hand, have remained silent. Legal experts say it’s unlikely Clinton’s speaking fee will be clawed back, but critics say it’s unseemly to hold onto the cash when thousands of people have lost retirements and savings at the hands of Bankman-Fried.

 

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And it is...the people who put up the bail money. Once they clean up Sam's mess and destroy the evidence, guess who is going to be a loose end?

Wonder if Bill’s returning the $250k from his speaking engagement that was probably paid from misappropriated investor funds? I’m guessing no….

F7nny you mentioned Elizabeth Holmes though she ran a gift it was a different kind if you want to point out the Clinton's involvement with securities scammers why not mention Marc Rich or would mentioning Rich point to close a picture of what's in store for SBF and the investors.

Looks like we will be finding Sam on a park bench very soon!

influence peddling

Is anyone surprised

😂😂😂 it's the Dem party I'm sure that mostly everyone will see the attachment 😉

How surprising !!

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