Tuesday, February 28, 2023

So Much Straw

Wonder what details will emerge about the campaign finance stuff.
Bankman-Fried, FTX's founder, pleaded not guilty to eight criminal charges filed against him in December. Prosecutors say he stole billions in FTX customer funds to plug losses at Alameda. He has acknowledged inadequate risk management, but says he did not steal funds.

Singh, 27, pleaded guilty to one count of wire fraud, three counts of conspiracy to commit fraud, one count of conspiracy to commit money laundering and one count of conspiracy to defraud the United States by violating campaign finance laws.