SBF met with Biden’s senior advisors 2 months earlier than FTX collapse: Report


Former FTX CEO Sam Bankman-Fried met with authorities officers on the White Home on not less than 4 separate events in 2022, and reportedly a gathering simply two months earlier than the autumn of his crypto empire.

Many of the conferences have been disclosed in customer logs that are posted by the White Home each month, showing that Bankman-Fried had met with Counselor to the President Steve Ricchetti on Apr. 22, 2022 and Might. 12, 2022 together with one other assembly on Might 13 assembly with coverage advisor Charlotte Butash

Nonetheless, in keeping with a Dec. 29 Bloomberg report, the previous FTX CEO additionally met with the President’s counselor Ricchette as recently as Sept. 8, in a gathering that didn’t present up on the customer logs.

White Home 2022 customer logs that includes Sam Bankman-Fried. Supply: The White Home

The revelation has piqued the curiosity of crypto neighborhood members, who wish to know why there gave the impression to be such a revolving door of visitations between FTX and the White Home.

As per the report, sources prompt politics had not been mentioned on the assembly, and that conversations have been targeted on the crypto trade, exchanges and pandemic prevention.

Associated: Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer

Regardless of dwelling within the Bahamas Bankman-Fried is known to have been an everyday customer to Washington as he pushed to affect crypto coverage and make connections in Washington, and was beforehand accused of attempting to redirect regulators away from centralized exchanges like FTX to decentralized finance (DeFi) platforms reminiscent of lending protocol MakerDAO.

Bankman-Fried was a significant donor to the Democrats, and in a Nov. 16 interview with crypto vlogger Tiffany Fong admitted that he had donated concerning the same to both parties, however that his “Republican donations have been darkish.”