Interviews and messages show how SBF used PACs, nonprofits, and consulting firms to woo politicians, regulators, and others to support his crypto goals
with as much money & as little apparent regard for the lines between corporate lobbying, political & nonprofit spending — as @FTX_Official. https://twitter.com/... Reed Galen / @reedgalen : Incredible read. Also, @SBF_FTX 's largesse was a family affair. Brother, dad, only missing the family dog. Via @nytimes https://www.nytimes.com/... Matt Stoller / @matthewstoller : I'm getting sick of this narrative. The regulators didn't allow crypto into the main banking system which is why we can laugh at the collapse instead of fret over the need for bailouts. Regulation worked. https://twitter.com/...
NEW: The @SBF_FTX & @FTX_Official influence operation blurred lines between politics, 501c advocacy & corporate lobbying in a manner that concerned some involved. There is at least one state investigation of possible criminal campaign finance violations. https://www.nytimes.com/.…
Over the summer, FTX pledged $600k to a Chicago nonprofit that helps formerly incarcerated people. A fancy consulting firm managed to get think tanks to brag about the donation, but the $$$ never arrived. It was a small part SBF's quest to win DC https://www.nytimes.com/...
The @nytimes's rapid-fire series of articles on SBF & FTX continues to paint Sam as a good all-around American that ran into some business trouble. In reality, Sam is a hardened criminal that stole billions over a period of years. The NYT is a disgrace. https://www.nytimes.com/..…
Something is very broken if it's this easy to buy the right to write the law through PACS. SBF's parents are at least apologizing for rugging their social justice causes as they sit on $121m in Bahamas real estate. So there's that https://www.nytimes.com/...
March: Fetterman fills out a questionnaire at the behest of an SBF-funded super PAC, promising his support. May: Same super PAC begins $212k spend boosting Fetterman as a working class hero who won't be “schmoozed by lobbyists.” Absolutely incredible. https://twitter.com/...
I have investigated lots of Washington influence operations over the years. I can't remember one that ramped up as quickly — with as much money & as little apparent regard for the lines between corporate lobbying, political & nonprofit spending — as @FTX_Official. https://twitter…
Incredible read. Also, @SBF_FTX 's largesse was a family affair. Brother, dad, only missing the family dog. Via @nytimes https://www.nytimes.com/...
I'm getting sick of this narrative. The regulators didn't allow crypto into the main banking system which is why we can laugh at the collapse instead of fret over the need for bailouts. Regulation worked. https://twitter.com/...