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BCCMNV t1_j9r0pla wrote

Reply to comment by ChalupaCabre in FTX founder Sam Bankman-Fried indicted on new criminal charges, including campaign finance violations | CNN Business by spatenfloot

He organized funneling stolen money to political campaigns using straw donors.

They’re running this one by the books. This is why the FEC had to request that any recipients return the money, because it was illegally obtained.

This might go down as the biggest financial shit show in history in terms of impacts. Enrons blast radius was largely isolated to retirements. Madoff was isolated to investors.

This is a whole new level of fuck up.

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racinreaver t1_j9s5x7v wrote

Who's getting fucked in this other than folks that used FTX or Alameda?

Enron's fuckery also fucked millions across the country as they manipulated energy markets, btw.

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