CoinVoice has recently learned that according to Cointelegraph, a recent email exposed by the Wall Street Journal revealed that the SBF (Sam Bankman-Fried) family is suspected of using FTX funds for political donations, involving an amount of more than 100 million US dollars. These funds are allegedly illegally derived from FTX customer funds and are intended to influence the 2022 election, which has triggered several legal proceedings.
The emails detailed SBF's father, Joe Bankman,'s involvement in financial strategy advice related to political donations, as well as SBF's mother, Barbara Fried, and his brother, Gabriel Bankman-Fried, flowing money to various political entities and causes. Former Federal Election Commission Chairman David Mason noted that Joe Bankman may face legal liability for violating campaign finance laws. Previously, former FTX Digital Markets Co-CEO Ryan Salame had been sentenced to 7.5 years in prison for related crimes. [Original link]
