{"id":1748641,"date":"2022-11-22T18:18:37","date_gmt":"2022-11-22T23:18:37","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1748641"},"modified":"2022-11-22T18:18:41","modified_gmt":"2022-11-22T23:18:41","slug":"john-fetterman-disavowed-dirty-corporate-money-then-came-sam-bankman-fried","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/john-fetterman-disavowed-dirty-corporate-money-then-came-sam-bankman-fried\/","title":{"rendered":"John Fetterman Disavowed \u2018Dirty\u2019 Corporate Money. Then Came Sam Bankman-Fried."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjohn-fetterman-disavowed-dirty-corporate-money-then-came-sam-bankman-fried%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1748641&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> <a class=\"\" href=\"https:\/\/freebeacon.com\/democrats\/\">Democrats<\/a> <\/p>\n<p class=\"article-excerpt\">Super PAC funded by disgraced crypto kingpin spent over $200K on pro-Fetterman ads<\/p>\n<p>    Sam Bankman-Fried \/ Getty Images   <a href=\"https:\/\/freebeacon.com\/author\/chuck-ross\/\" title=\"Posts by Chuck Ross\" class=\"author url fn text-red-700\" rel=\"author\">Chuck Ross<\/a> \u2022 November 22, 2022 6:00 pm  <\/p>\n<p>Senator-elect John Fetterman (D., Penn.) disavowed &#8220;dirty money&#8221; from corporate interests in his Senate campaign. Crypto scam artist Sam Bankman-Fried was an apparent exception, according to campaign finance records.<\/p>\n<p>Web3 Forward, a pro-crypto super PAC funded heavily by Bankman-Fried, spent more than $210,000 on ads portraying Fetterman as a blue-collar hero who would not &#8220;get schmoozed by lobbyists,&#8221; the <em>New York Times<\/em> <a href=\"https:\/\/www.nytimes.com\/2022\/11\/22\/business\/ftx-sam-bankman-fried-influence.html\" target=\"_blank\" rel=\"noopener\">reported<\/a>. Bankman-Fried, his crypto firm FTX, and one of his co-founders <a href=\"https:\/\/www.fec.gov\/data\/receipts\/?committee_id=C00788679&#038;two_year_transaction_period=2022&#038;data_type=processed\" target=\"_blank\" rel=\"noopener\">gave<\/a> nearly $4.1 million to GMI PAC, another tech-oriented group that is the sole funder of Web3 Forward.<\/p>\n<p>Bankman-Fried\u2019s support for Fetterman undercuts the Democrat\u2019s campaign trail pledge to shun corporate campaign donations. &#8220;No dirty money. No corporate PACs,&#8221; Fetterman <a href=\"https:\/\/twitter.com\/JohnFetterman\/status\/1525165715795456001\" target=\"_blank\" rel=\"noopener\">tweeted<\/a> on May 12, days after the Web3 ads ran supporting him.<\/p>\n<p>According to the <em>Times<\/em>, Web3 Forward launched the pro-Fetterman ads two months after he expressed support for cryptocurrencies in response to Web3\u2019s candidate questionnaire.<\/p>\n<p>&#8220;Need nothing further from Team Fetterman. Thrilled he is pro crypto,&#8221; a consultant for Web3 Forward wrote to a Fetterman ally, according to the <em>Times<\/em>.<\/p>\n<p>Fetterman was far from the only Democrat to benefit from Bankman-Fried\u2019s support. In 2020, Bankman-Fried contributed $5 million to Future Forward, a committee that supported President Joe Biden. He gave around $40 million to Democratic committees and congressional candidates during this election cycle. The entrepreneur and his associates also gave more than $300,000 in support for nine members of the House Financial Services Committee, which is poised to investigate FTX\u2019s collapse, the <em>Washington Free Beacon<\/em> <a href=\"https:\/\/freebeacon.com\/democrats\/bankman-fried-and-cronies-gave-300k-to-house-committee-members-investigating-him\/\" target=\"_blank\" rel=\"noopener\">reported<\/a>. The Securities and Exchange Commission and Justice Department are reportedly investigating whether FTX mishandled customer funds.<\/p>\n<p>Fetterman\u2019s spokesman sought to distance the Senator-elect from Bankman-Fried, according to the <em>Times<\/em>.<\/p>\n<p>&#8220;Sam Bankman-Fried must be held fully accountable,&#8221; Fetterman spokesman Joe Calvello told the newspaper.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senator-elect John Fetterman (D., Penn.) disavowed &#8220;dirty money&#8221; from corporate interests in his Senate campaign. Crypto scam artist Sam Bankman-Fried was an apparent exception, according to campaign finance records.<br \/>\nThe post John Fetterman Disavowed \u2018Dirty\u2019 Corporate Money. Then Came Sam Bankman-Fried. appeared first on Washington Free Beacon.<\/p>\n","protected":false},"author":155,"featured_media":1748644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-1748641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1748641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/155"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1748641"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1748641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1748644"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1748641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1748641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1748641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}