Author F. Scott Fitzgerald once said that the rich “are different from you and me.” Ernest Hemingway supposedly responded, “Yes, they have more money.” They also appear to have their own justice system.
Crypto currency pioneer Sam Bankman-Fried, 31, has had yet another felony charge against him dropped; The Department of Justice has now dismissed six of the original charges against the Democrat super donor. That brings it to six felony charges dropped.
Once considered the king of crypto currency trading who founded of the exchange FTX, Bankman-Fried has pleaded not guilty to multiple charges, including stealing from investors and directing FTX customer deposits to fund his extravagant lifestyle and to buy influence among elected officials.
On Thursday, the Bahamas said it would not pursue one of the charges it had against him, which had to do with violation of campaign laws. The U.S. indictment item was not listed properly on prosecution documents when Bankman-Fried was extradited back to the Untied States.
The Department of Justice, with what was the simplest charge to prove, had not notified the Bahamas of that particular charge prior to extradition, creating a loophole for the defendant. The treaty between the countries requires the extraditing country to be notified of the charge.
It’s unclear why the Justice Department is not pursuing that charge separately.
Bankman-Fried still faces seven counts of conspiring to defraud customers and five charges for foreign bribery conspiracy and bank fraud conspiracy.
The financier of Democratic Party interests around the country, including Alaska, has been under house arrest at his parent’s Palo Alto, Calif. home since December. His bail is set at $250 million and his parents put their home up as collateral to keep him out of jail, since he has supposedly been made penniless by his thieving ways.
SBF was last year the second-largest donor to the Democratic Party, and gave $5.2 million to the reelection efforts for President Joe Biden.
The trading analytics group Unusual Whales said, “Campaign finance charges on Sam Bankman-Fried of FTX have been dropped. This is unusual. He gave millions to politicians. And there wasn’t a list of who which politicians and groups he gave money to. Until now.”
The group published a graphics this week showing both the Alaska Democratic Party and Sen. Murkowski on the list of beneficiaries of the influence peddling scheme:
See all the graphs published at this UnusualWhales.com site.