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Political donations won’t save Bankman-Fried from investigation

Even Elon Musk thinks Sam Bankman-Fried’s political giving can save him from investigation. However, FTX’s donations transcend parties.

Sam Bankman-Fried’s crypto lobbying legacy haunts Washington

Sam Bankman-Fried’s heavy-handed influence on Washington has left lawmakers reassessing the effects of crypto lobbying.

Crypto exchanges FTX and FTX US, trading firm Alameda Research, and over 100 related entities have declared Chapter 11 bankruptcy.

Ackman praised FTX chief Sam Bankman-Fried for his “accountability” on Twitter… then quickly deleted the tweet.

Alameda Research reportedly has immense exposure to illiquid assets like FTX token, with billions of dollars in loans.