{"id":1976589,"date":"2023-07-18T18:32:02","date_gmt":"2023-07-18T22:32:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dirty-money-beto-clings-to-100k-from-sam-bankman-fried-after-pledge-to-return-tainted-crypto-cash\/"},"modified":"2023-07-18T18:35:07","modified_gmt":"2023-07-18T22:35:07","slug":"dirty-money-beto-clings-to-100k-from-sam-bankman-fried-after-pledge-to-return-tainted-crypto-cash","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dirty-money-beto-clings-to-100k-from-sam-bankman-fried-after-pledge-to-return-tainted-crypto-cash\/","title":{"rendered":"Beto holds onto $100K from Sam Bankman-Fried despite promise to return tainted crypto funds."},"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\">28<\/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%2Fdirty-money-beto-clings-to-100k-from-sam-bankman-fried-after-pledge-to-return-tainted-crypto-cash%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=1976589&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--><div>\n \u2064 <\/p>\n<h2>Robert Francis &#8220;Beto&#8221; O&#8217;Rourke \u2064Holds Onto Controversial Campaign \u2064Contribution<\/h2>\n<p> \u2063 <\/p>\n<p>Last\u2063 year, Robert Francis\u200d &#8220;Beto&#8221; O&#8217;Rourke \u200bmade \u2062headlines when \u2063he vowed to return\u2064 a massive \u200dcampaign contribution \u2063from Sam \u2063Bankman-Fried, \u2062a \u200bdisgraced cryptocurrency\u2062 kingpin\u2064 accused \u2063of defrauding customers out \u2063of \u200bbillions of\u200d dollars.\u2063 However, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dirty-money-beto-clings-to-100k-from-sam-<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ron-desantis-will-explore-cryptocurrency-payments-for-businesses-state-fees\/\" title=\"Ron DeSantis Will Explore Cryptocurrency Payments for Businesses' State Fees\">bankman-fried<\/a>-after-pledge-to-return-tainted-crypto-cash\/&#8221; title=&#8221;Beto holds onto 0K from Sam Bankman-Fried despite promise to return tainted crypto funds.&#8221;>recent campaign\u2062 finance \u2063records \u2062reveal<\/a> that \u2062O&#8217;Rourke \u200dhas yet \u2063to\u200b fulfill\u200b that promise,\u2062 keeping \u2064$100,000 donated by\u200d Bankman-Fried\u2062 to\u200c his \u200bfailed gubernatorial \u200bcampaign.<\/p>\n<p> \u200c\u2064 <\/p>\n<p>O&#8217;Rourke&#8217;s \u2062decision\u2064 to \u200dretain\u200c the\u200b funds has\u2062 raised\u200d eyebrows, especially considering\u200b the damning\u200c developments \u200din\u200d Bankman-Fried&#8217;s case. \u200bThe cryptocurrency mogul was indicted on\u2063 fraud and\u2064 campaign\u2063 finance charges, with prosecutors alleging\u200c that he made\u200c substantial\u2064 political\u2064 donations\u200c to enhance \u2062his personal \u200bstanding and gain favor with candidates \u2062who \u200bcould\u200c advance\u200c legislation beneficial to his \u2062crypto trading\u200d company,\u200c FTX.<\/p>\n<p>Despite\u2062 these revelations, O&#8217;Rourke\u2064 has\u200d not \u2064indicated\u2062 whether\u200b he plans to \u200drun\u2063 for political \u2064office\u2063 in the future. If he does,\u200d he\u2064 may tap into the \u2062funds from his \u2062gubernatorial\u2062 campaign war \u200dchest. \u2062However, O&#8217;Rourke \u2063has \u200dfaced a string of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/poll-trump-backed-ted-budd-leads-former-gov-pat-mccrory-in-north-carolina-gop-primary\/\" title=\"Poll: Trump-Backed Ted Budd Leads Former Gov. Pat McCrory in North Carolina GOP Primary\">political defeats<\/a>\u200d in \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/flashback-teacher-sues-school-board-after-being-fired-he-refused-to-compromise-on-trans-pronouns\/\" title=\"Flashback: Teacher Sues School Board After Being Fired \u2013 He Refused To Compromise on Trans Pronouns\">recent years<\/a>,\u200d including losses against \u2063Texas Republican \u200dgovernor\u200c Greg Abbott and Republican senator \u2062Ted Cruz.<\/p>\n<p>\u200d  <\/p>\n<p>Bankman-Fried&#8217;s contributions \u2064to Democratic \u200bcandidates and \u200c<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/amid-threats-of-corporate-donation-withdrawals-gop-senate-fund-hauls-in-8-3-million\/\" title=\"Amid Threats Of Corporate Donation Withdrawals, GOP Senate Fund Hauls In .3 Million\">political action committees<\/a> \u2064have\u200c also\u200d come under \u200bscrutiny. \u200bHe \u200ddonated over $40 \u200cmillion, \u2064including \u200d$5 \u2064million\u200b to a political\u200d action\u200c committee\u200c supporting\u200b Joe\u2062 Biden&#8217;s 2020 \u200dcampaign. \u200bAdditionally, he gave $300,000 to Democrats \u200con \u2062the \u2063House Financial Services\u2063 Committee, \u200bwhich oversees the cryptocurrency\u200c industry.<\/p>\n<p> \u200d <\/p>\n<p>These donations granted Bankman-Fried\u200d access\u200d to influential circles in Washington, including\u200c multiple visits to\u2062 the\u2062 White House \u2062and \u2064meetings with top \u200badvisers. \u2063He\u2064 even \u2062attended a \u200dretreat \u2064for House Democrats,\u200b where he mingled with\u2063 Rep. \u2064Maxine\u2062 Waters, who was then chairwoman \u2062of \u2063the House Financial Services panel.<\/p>\n<p> \u2064 <\/p>\n<p>Despite \u2062the controversy\u2063 surrounding the\u200b contribution, O&#8217;Rourke has remained\u2062 silent on the\u200d matter\u200c and could \u2062not be reached for comment.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>failed to return the campaign contribution from Sam Bankman-Fried, the disgraced cryptocurrency kingpin accused of defrauding customers of billions. Despite receiving praise for his pledge, campaign finance records reveal that O&#8217;Rourke has not fulfilled his promise even after almost eight months.<\/p>\n","protected":false},"author":155,"featured_media":1976590,"comment_status":"open","ping_status":"closed","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-1976589","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\/1976589","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=1976589"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1976589\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1976590"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1976589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1976589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1976589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}