{"id":1984205,"date":"2023-07-27T14:11:02","date_gmt":"2023-07-27T18:11:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/doj-drops-campaign-finance-charge-against-dem-megadonor-alleged-fraudster\/"},"modified":"2023-07-27T14:12:04","modified_gmt":"2023-07-27T18:12:04","slug":"doj-drops-campaign-finance-charge-against-dem-megadonor-alleged-fraudster","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/doj-drops-campaign-finance-charge-against-dem-megadonor-alleged-fraudster\/","title":{"rendered":"DOJ dismisses campaign finance charge against Democratic megadonor, accused of fraud."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/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%2Fdoj-drops-campaign-finance-charge-against-dem-megadonor-alleged-fraudster%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=1984205&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--><h2>The\u2063 Department of Justice\u200c Drops Campaign Finance Charge Against Disgraced Former Crypto Tycoon<\/h2>\n<p>The Department of Justice (DOJ) has dropped\u2062 a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/democrat-mayor-who-triggered-entire-command-force-to-quit-sued-by-chief-she-fired\/\" title=\"Democrat Mayor Who Triggered Entire Command Force To Quit Sued By Chief She Fired\u00a0\">campaign finance charge<\/a> against Sam Bankman-Fried,\u200d the co-founder of bankrupt crypto exchange FTX, according to a court document from the Southern District of New York.<\/p>\n<p>Bankman-Fried \u200dand\u200c his associates were accused of using customer deposits to make $90 million in campaign contributions to around 300 candidates or political\u200c action committees, as reported by <a href=\"https:\/\/www.nytimes.com\/2023\/07\/27\/business\/sam-bankman-fried-campaign-finance-charge.html\" target=\"_blank\" rel=\"noopener noreferrer\">The New\u2063 York Times<\/a>.<\/p>\n<p>The DOJ&#8217;s letter to the New York court states that the charge is \u200dbeing dropped because the Bahamas, where Bankman-Fried is currently located, does not plan to extradite \u200dhim \u200dto the U.S. for this specific\u2063 charge.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">JUST IN: Feds won\u2019t seek to try SBF on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/hunter-biden-investigation-pros-and-cons-of-a-house-impeachment-inquiry\/\" title=\"Pros and cons of House impeachment inquiry into Hunter Biden investigation.\">campaign finance \u200bcharge<\/a> after\u200d Bahamas said it wasn\u2019t\u200d part of extradition agreement. Doc: <a href=\"https:\/\/t.co\/ejOwrCGgYQ\">https:\/\/t.co\/ejOwrCGgYQ<\/a><\/p>\n<p>\u2014 Josh Gerstein (@joshgerstein) <a href=\"https:\/\/twitter.com\/joshgerstein\/status\/1684373588592283648?\">July 27, 2023<\/a><\/p>\n<\/blockquote>\n<p>Bankman-Fried had\u2063 contributed nearly $39 million \u200bto Democrat-aligned causes, making him the second-largest individual \u200cdonor during \u200bthe 2022 midterm\u2064 election cycle, according to an analysis\u2062 of Federal Election \u200cCommission data by <a href=\"https:\/\/archive.is\/14sYo\" target=\"_blank\" rel=\"noopener noreferrer\">The Washington Post<\/a>.<\/p>\n<p>Bankman-Fried was extradited from the\u200d Bahamas to the U.S. in December after \u2063FTX collapsed, as reported by the Times. He has since been confined to his parents&#8217; California residence on a $250 million bond, according to <a href=\"https:\/\/www.npr.org\/2023\/07\/26\/1190364957\/bankman-fried-crypto-ftx-jail-bail\" target=\"_blank\" rel=\"noopener noreferrer\">NPR<\/a>.<\/p>\n<p>Prosecutors have\u2064 requested that Bankman-Fried be detained in jail until his trial scheduled for October, as reported by NPR. The judge\u200b has also placed a gag order on Bankman-Fried due to allegations of tampering with witnesses by leaking his former girlfriend \u200cand FTX business\u200c partner Caroline Ellison&#8217;s diary\u2062 entries, according to <a href=\"https:\/\/www.cnn.com\/2023\/07\/26\/investing\/sbf-hearing-gag-order\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\">CNN<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">SAM BANKMAN-FRIED LEAVING COURT \u2014 \u200cpossibly \u2062for the \u2064last time. Judge may throw him in jail\u200d for leaking Caroline Ellison\u2064 diary\u2064 entries.<a href=\"https:\/\/t.co\/JegjxjDAK8\">https:\/\/t.co\/JegjxjDAK8<\/a> <a href=\"https:\/\/t.co\/ElzTZn63x1\">pic.twitter.com\/ElzTZn63x1<\/a><\/p>\n<p>\u2014 Jacob Shamsian  (@JayShams) <a href=\"https:\/\/twitter.com\/JayShams\/status\/1684293913496936451?\">July 26, 2023<\/a><\/p>\n<\/blockquote>\n<p>The DOJ\u200b and Bankman-Fried&#8217;s attorney have not yet responded to requests\u2064 for\u2062 comment from the Daily Caller News Foundation.<\/p>\n<div class=\"disclaimer\">\n<p><em>All \u2064content\u200d created by the Daily Caller News Foundation, an independent and \u2064nonpartisan newswire service, is available \u2063without charge to \u200cany <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/union-membership-plummets-to-record-low\/\" title=\"Union Membership Plummets to Record Low\">legitimate news publisher<\/a> that\u2064 can\u200b provide a large audience. All republished articles must include our logo, our reporter&#8217;s\u200d byline, and their DCNF affiliation.<\/em><\/p>\n<p><em>For any questions about our guidelines or partnering with \u2063us, please contact <a href=\"mailto:licensing@dailycallernewsfoundation.org\">licensing@dailycallernewsfoundation.org<\/a>.<\/em><\/p>\n<\/div>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\/doj-drops-campaign-finance-charge-dem-megadonor-alleged-fraudster\/\">DOJ Drops Campaign Finance Charge Against Dem Megadonor, Alleged Fraudster<\/a> appeared\u2062 first on <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\">The Western Journal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Department of Justice has dismissed a campaign finance charge against Sam Bankman-Fried, the disgraced ex-crypto tycoon. Court documents from the Southern District of New York confirm this. Bankman-Fried, the co-founder of bankrupt crypto exchange FTX, and his associates allegedly used customer deposits to make approximately $90 million in campaign contributions.<\/p>\n","protected":false},"author":2092,"featured_media":1984206,"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":[548],"tags":[],"class_list":["post-1984205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"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\/1984205","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\/2092"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1984205"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1984205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1984206"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1984205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1984205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1984205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}