"SBF", the founder of collapsed cryptocurrency exchange FTX, is at the center of a $100 million financial scandal due to the misuse of company assets to fund political contributions . 🤯 Recent emails reveal the SBF family has managed over $100 million in political contributions. These funds were allegedly taken from FTX customers' money and intended to influence the 2022 election, which has led to several legal cases.#crypto#scandal #FTX

The SBF family has been involved in this, with the involvement of SBF's father, Joe Bankman, in advising on financial strategies regarding political contributions. SBF's mother, Barbara Fried, and his brother, Gabriel Bankman-Fried, are said to have guided the flow of funds to various entities and political causes. What do you think about this incident?#crypto#FTX

Former FTX CEO Ryan Salame was sentenced to 7.5 years in prison after pleading guilty. Salame pleaded guilty to conspiracy to operate an unlicensed money transmitting business and engaging in campaign finance fraud. This is another chapter in the FTX story, following former executives Caroline Ellison and Nishad Singh, who pleaded guilty and are awaiting trial.#crypto#FTX #legalissues