In a court filing released Wednesday, the U.S. Department of Justice dropped campaign finance charges against disgraced FTX co-founder Sam Bankman-Fried. Prosecutors said the charges were dropped in accordance with U.S. treaty obligations to the Bahamas.
Sam Bankman-Fried Cleared of Campaign Finance Charges
Campaign finance charges against Sam Bankman-Fried, co-founder and former CEO of FTX, have been dropped, according to a court filing released Wednesday. Bankman-Fried was extradited swiftly from the Bahamas to the U.S. last December. His lawyers argued that the U.S. Department of Justice mishandled the extradition process.
In late June, Bankman-Fried’s legal team argued that the extradition process from the Bahamas to the U.S. violated the rule of specialty, as he faced charges beyond those originally specified in the extradition request. “In keeping with its treaty obligations to the Bahamas, the government does not intend to proceed to trial on the campaign contributions count,” states the court filing released Wednesday.
BREAKING: The Department of ‘Justice’ drops charges against Sam Bankman-Fried.
America’s justice system is a joke.
— Kevin Sorbo (@ksorbs) July 27, 2023
On Thursday afternoon, social media platforms such as X were filled with posts about the dropped campaign finance charges against Bankman-Fried. At 2:30 p.m. Eastern time, the trending topic “Sam Bankman-Fried” was being discussed by 51,000 X users. “Sam Bankman-Fried of FTX having a federal campaign contribution charge dropped by the DOJ because it would incriminate too many of their preferred politicians going into the 2024 election is pretty insane,” wrote Autism Capital, an account on X.
“The Department of Justice dropped the campaign finance charge against Sam Bankman-Fried,” the X account Tarabull said on Thursday. “Our two-tier justice system at work. Remember when Sam Bankman-Fried gave $300K to House Committee Members investigating him, including Maxine Waters?” Investigative journalist Glenn Greenwald commented on the charges being dropped as well stating:
Congrats to Sam Bankman-Fried — the Dem Party’s second-largest donor (behind George Soros) — on having his campaign finance fraud charges dropped by the Biden DOJ. Their hilarious claim is that they just couldn’t proceed because the big, powerful Bahamas wouldn’t let them.
SBF is set to face trial in October, with three colleagues expected to testify against him. Recently, he was accused of tampering with witness evidence by allegedly releasing excerpts from the online diary of key witness Caroline Ellison, former CEO of Alameda Research. Prosecutors are seeking to reincarcerate Bankman-Fried on the grounds of this alleged witness tampering.
What do you think about the campaign finance charges against SBF being dropped? Share your thoughts and opinions about this subject in the comments section below.
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