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Bureaucratic Blunder Frees SBF from Federal Finance Charges!

Federal prosecutors have dropped a campaign finance charge against Sam Bankman-Fried, the founder of cryptocurrency exchange FTX. This guy is quite the character. Not only did he spend over $40 million on funding the midterms with his Ponzi scheme through FTX, but his whole operation collapsed and $2 billion disappeared into thin air. I guess that’s what happens when you try to cheat people out of their money. But here’s the kicker: Bankman-Fried is one of Biden’s biggest donors, and it turns out he funneled money through Ukraine to support Democrats. Talk about shady business transactions.

Although the campaign finance charge has been dropped, Bankman-Fried still has to answer for wire fraud and securities fraud charges. He can’t escape that easily. The prosecutors dropped the charge because they apparently didn’t get permission from the Bahamas government when Bankman-Fried was extradited from there. Honestly, it sounds like a whole mess of incompetence.

Now, I don’t want to jump to conclusions, but it seems like there might be some protection going on within the Washington Uniparty. Bankman-Fried has close ties to the Biden administration, and it’s starting to look like they’re trying to keep him out of hot water. This just goes to show that if you have the right connections, you can get away with a lot. Where’s the justice in that?

All I can say is that Sam Bankman-Fried better not start celebrating just yet. He may have avoided the campaign finance charge, but there are still plenty of other charges waiting for him. And I have a feeling that justice will eventually catch up to him. Let’s hope so, at least. We can’t let these scammers get away with their schemes.

Written by Staff Reports

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