Pretty coincidental that no campaign finance charges will be filed against the initialed crypto criminal on the same day he steals $100M to spread out to politicians again.

Sam Bankman-Fried

Federal prosecutors informed a Manhattan judge that they will not pursue a campaign finance charge against Sam Bankman-Fried, the co-founder of FTX. This is the second time that prosecutors have been unable to charge the billionaire, who is accused of causing his cryptocurrency exchange’s collapse through a massive fraud scheme.

However, Bankman-Fried still faces several charges, including wire and securities fraud.

The decision to drop the conspiracy charge of making unlawful campaign contributions was due to the failure to obtain permission from the government of the Bahamas, from where Bankman-Fried was extradited in December.

Prosecutors had accused Bankman-Fried of channeling hundreds of millions of dollars in bipartisan campaign financing through two unidentified co-conspirators to evade campaign contribution limits. If convicted, this charge could have extended Bankman-Fried’s imprisonment by two to five years.

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