The US prosecutor has filed to drop campaign finance charges against Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX. This has brought attention to the donations made by Bankman-Fried to the Biden party.
Bankman-Fried still faces seven charges in a trial scheduled for October 2023, including defrauding users and FTX's creditors. Bankman-Fried reportedly made one of the biggest donations for Biden's 2020 political campaign, as well as several donations to US politicians from stolen user funds.
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