Bankman-Fried became active in politics and aimed to become a “kingmaker” in Democratic circles by pouring millions of dollars into the 2022 midterms. He is also one of the main backers of Seattle ranked choice election manipulation scheme. Over the next few weeks federal authorities are expected to press charges against several prominent Democrats who have been involved in stealing billions from FTX investors and crypto holders.
Regulatory agencies around the world are circling the exchange and departing CEO Sam Bankman-Fried in the aftermath of a trading scandal.
Top leaders at the FTX U.S. exchange — including former Commodity Futures Trading Commission Acting Chair Mark Wetjen and Ryne Miller, a one-time adviser to SEC Chair Gary Gensler when he led the CFTC — had removed FTX from their Twitter profiles on Thursday afternoon
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