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DOJ Says Sam Bankman-Fried Won't Face Campaign Finance Charge

The U.S. Department of Justice (DOJ) wants FTX founder Sam Bankman-Fried to spend the remainder of his time before his criminal trial in jail, alleging he has tried multiple times to tamper with witnesses. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the latest developments in FTX's bankruptcy case as the DOJ also drops campaign finance charges against Bankman-Fried.

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Policy

Federal Prosecutors Investigate Former FTX Executive Over Possible Campaign Law Violations: WSJ

Ryan Salame is being investigated for potentially illegally avoiding federal limits on contributions to his girlfriend's congressional campaign last year.

Former Congressional candidate Michelle Bond (Danny Nelson/CoinDesk)

Policy

U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say

Lawyers for the disgraced FTX executive filed pre-trial motions in early May to dismiss most of the charges on technicalities or procedural issues.

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Policy

FTX Money Backed US Lawmakers With Future of Crypto in Their Hands

The campaigns of 38% of those on the four most important committees, including key leaders, got money from former CEO Sam Bankman-Fried and other executives, according to Federal Election Commission records.

FTX founder Sam Bankman-Fried  (Michael M. Santiago/Getty Images)

Policy

Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses

The session began with 196 U.S. lawmakers who took direct contributions from Sam Bankman-Fried and other former FTX executives, and many of them are still trying to get rid of it.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton, modified by CoinDesk)

Policy

Beto O’Rourke Returned a $1M Campaign Donation From Sam Bankman-Fried: Report

The former Texas Democratic candidate for governor was uncomfortable accepting such a large unsolicited donation, according to the Texas Tribune.

Former Texas Democratic gubernatorial candidate Beto O'Rourke (Eric Thayer/Getty Images)

Policy

Binance US Steps Into National Politics With New Campaign PAC

As FTX and its political-minded executives fall from their brief heights as campaign-finance giants, rival Binance has decided now is the time to enter the vacuum.

Binance.US at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Policy

Washington, D.C.’s Buddy Sam Bankman-Fried Has Some Explaining to Do

FTX CEO Bankman-Fried has been crypto’s shining star in U.S. policy circles, and it’s unclear whether he has an obvious successor.

Sam Bankman-Fried and former U.S. President Bill Clinton at Crypto Bahamas conference in Nassau in April 2022 (Danny Nelson/CoinDesk)

Policy

Lesson From the US Elections: Don't Mention Crypto

This year’s midterm elections have seen very few candidates willing to even mention cryptocurrency, and they have their reasons.

Former Democratic presidential candidate Andrew Yang had been cautioned by campaign advisers not to dwell on crypto. (Alex Wong/Getty Images)

Policy

NFT Firm Seeks US Election Commission’s Approval to Market Campaign Souvenirs

Data Vault Holdings is seeking to market digital tokens to political committees.

Political campaigns' traditional buttons may face a new competitor in non-fungible tokens. (Getty Images)

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