Seriously? SBF released on 250 million

A top-ranking FTX executive last month flipped on Sam Bankman-Fried and his allies by tipping off Bahamian regulators about alleged malfeasance — two days before the doomed crypto platform filed for bankruptcy, according to court filings.

Ryan Salame, who served as co-CEO of FTX Digital Markets prior to its collapse, tipped off officials on Nov. 9 that FTX client funds were being secretly transferred to “cover financial losses” at Alameda Research — the sister cryptocurrency hedge fund also owned by Bankman-Fried.

The 29-year-old Salame told regulators that only three FTX executives had the authority required to approve the cash transfers — Bankman-Fried, FTX co-founder Gary Wang and former director of engineering Nishad Singh.
 
destriero said:
A mil to McConnell’s PAC. https://www.cbsnews.com/news/ftx-sam-bankman-fried-political-donations-2022/

West Realm Shire Services," listed as the official PAC for FTX, gave $1 million to Senate Minority Leader Mitch McConnell's Senate Leadership Fund, as well as $750,000 to House Minority Leader Kevin McCarthy's Congressional Leadership Fund.

Salame spent $24.5 million in donations, primarily to Republican candidates through the party's "WinRed" platform. He gave $2.5 million to the Senate Leadership Fund and $2 million to the Congressional Leadership Fund. He also gave $89,200 to the National Republican Congressional Committee and $109,500 to the National Senatorial Campaign Committee.

Salame also donated $13 million to the "American Dream Federal Action" hybrid PAC, which spent $12.2 million on independent expenditures to support Republican Senate and House candidates such as Republican Rep. Rodney Davis of Illinois and Senator-elect Katie Britt of Alabama.





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Des...You are right on so many things. Not this time...

While SBF’s seemingly self-inflicted financial loss is notable, the Democratic Party is also set to lose one of its most valuable megadonors. The nearly $40 million SBF donated to the Democrat Party for the 2022 midterms was the second-most of any donor in the world, according to Open Secrets, sitting behind only George Soros, who regularly dumps over $100 million into Democratic entities during election cycles.
 
Cabin111 said:
Des...You are right on so many things. Not this time...

While SBF’s seemingly self-inflicted financial loss is notable, the Democratic Party is also set to lose one of its most valuable megadonors. The nearly $40 million SBF donated to the Democrat Party for the 2022 midterms was the second-most of any donor in the world, according to Open Secrets, sitting behind only George Soros, who regularly dumps over $100 million into Democratic entities during election cycles.
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Salame alone was responsible for $25MM to the GOP which came directly from client funds. SBF thought he was off the record when he admitted to millions in dark money donations to the GOP.
 
taowave said:
It smelled like something along those lines, but threw the curveball by using the term RACE...

So she's an Anti Semetic Pussy???
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banned several times before.

pro nazi (seriously). Thinks Germany was the victim and Poland was the aggressor.
 
destriero said:
Salame alone was responsible for $25MM to the GOP which came directly from client funds. SBF thought he was off the record when he admitted to millions in dark money donations to the GOP.
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Even the liberal media admits SBFs contributions were 90/10 in favor of Democrats. But you want to highlight Salame? The guy that played a huge role in stopping this entire charade? You running for office now?
 
Jack1960 said:
The $250 million is just for name sake. The real bail seems to be secured by his parents house.
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10% of $250 million is still $25 million. I thought I saw reports his parents home was worth $4million. Where did the rest of the bail money come from? SBF's hidden crypto stash?
 
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