Corrupt #FTX founder #SBF sent $93 million worth of stolen customer funds as donations to #US politicians and walks free. #SamBankmanFried #CryptoFraud #USA The post Injustice Strikes Again as SBF Escapes Another Criminal Act appeared first on Crypto News Land.
- Sam Bankman-Fried escapes another criminal act due to political leverage.
- SBF sent $93 million worth of stolen customer funds as donations to US politicians.
- The US government has already dropped charges against him.
Sam Bankman-Fried is once again exposed as the fraud that he is. This time, he has proven to use stolen customer funds to fund US politicians. Specifically, he seems to have sent $93 million of stolen customer funds as donations to US politicians.
Much like all the cases against SBF, the accused continues to slip away. Just after his exposure to the newly enlightened crime, the US government dropped this charge. In detail, the US government dropped a political campaign finance criminal charge against him.
From the responses to the post we can see that every reader is outraged and disappointed at this debacle. Due to influential connections, SBF failed to face retribution from his crimes connected to the FTX downfall.
This is indeed troubling news to encounter again and again. FTX users lost millions if not more to SBF. Yet, SBF uses stolen funds to fund politicians who again do nothing to serve justice. This is another reason why the use of crypto should be heightened.
Cryptocurrencies can track transactions and prove fraudulent behavior. Furthermore, with blockchain technology and decentralization, power can be distributed and criminals can be held responsible despite being ‘well-connected’.
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