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Fox Star Maria Bartiromo Exposes FTX Scandal “Is It Because He Donated $40M To Democrats That He Isn’t In Handcuffs?”

(Photo by Roy Rochlin/Getty Images)

Disclaimer:  This article may contain the personal views and opinions of the author.

Did fraudster Sam Bankman-Fried (SBF) get a television interview with George Stephanopoulos on Good Morning America rather than a jail cell because of his connections to the Democrat party? 

Maria Bartiromo isn’t the only one who wants the answer to that question. 

SBF donated massive amounts to the Democrats, second only to George Soros, who is known as being the “puppeteer behind [former] President Obama and the Clintons.”

According to Business Insider, “FTX founder Sam Bankman-Fried and fellow company executives donated more than $70 million to political campaigns ahead of the 2022 midterm elections, according to OpenSecrets data.

“Bankman-Fried himself donated nearly $40 million to Democratic candidates and political action committees, according to OpenSecrets, a nonpartisan organization that tracks campaign spending in US politics. He was the second-highest donor for liberal efforts behind George Soros and the sixth-highest donor overall.”

Bartiromo of Fox Business asked Senator Cynthia Lummis (R-WY) her thoughts on why Bankman-Fried is still a free man. 

Lummis replied, “Well, I think that these were well-educated, sophisticated fraudsters. I think it’s obviously fraud. So the Justice Department needs to get involved.

“This was just pure and simple, good old-fashioned fraud, and it needs to be handled through the criminal procedures.”

Bartiromo went on, “But if it’s good old-fashioned fraud, why is he doing the rounds this morning? He was on GMA. He was at the New York Times summit.”

“Why isn’t he in handcuffs? Is it because he donated $40 million to Democrats?”

“Well I hope that’s not it,” said Lummis.

“But it does have the appearance of a kid glove treatment for someone who had mesmerized the public.”

Bankman-Fried reportedly also donated to Republicans but secretly through “dark money” groups. 

Rather than keeping his mouth shut for fear of incriminating himself, SBF is participating in a media blitz attempting to pass himself off as an apologetic character. 

The collapse of his crypto exchange, FTX, has had major fallout with people losing millions of dollars. It was also a blow to the whole digital currency industry. 

According to Wall Street Journal reporting, “Mr. Bankman-Fried’s empire blew up last month amid reports that his exchange, FTX, misused customer funds by sending them to an affiliated trading firm, Alameda Research, that had made risky venture investments. Mr. Bankman-Fried has said in recent interviews that he neglected risk management at FTX, but denied knowing that customer money was wrongly used.”

Now some lawmakers are floating the idea of passing legislation that would impose “strict rules on cryptocurrency exchanges, including rules to limit or prohibit the conflicts of interest that contributed to FTX’s collapse.”

Before his company’s collapse, Bankman-Fried lobbied in support of such legislation which is now raising some eyebrows. 

What influence did FTX’s support of the bill have over it? Were they trying to take oversight of crypto in a different direction? Were they looking for a “friendlier regulator than the Securities and Exchange Commission, which has authority to write stricter rules that most crypto companies oppose?” One has to wonder. 

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