Where Sam Bankman-Fried’s ‘dirty money’ entered Utah politics

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Where Sam Bankman-Fried’s ‘dirty money’ entered Utah politics
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The former CEO of crypto trading platform FTX has been indicted on charges of defrauding investors and customers of billions, then using some of that money to make illegal political contributions.

— the Utah Democratic Party’s fundraising committee — during the last election cycle at $9,756.19.

“Senator Romney’s campaign is transferring Sam Bankman-Fried’s contribution to the U.S. Treasury, per FEC rules,” Romney’s spokesperson Arielle Mueller wrote in an emailed statement to The Salt Lake Tribune. “The Senator condemns Sam Bankman-Fried’s reprehensible behavior and believes he must be held accountable for his actions — which have caused harm to many.

Williams also mentioned in the news conference that some of Bankman-Fried’s political donations were allegedly “disguised to look like they were coming from wealthy co-conspirators, when in fact, the contributions were funded by Alameda Research with stolen customer money.” Those purported co-conspirators have not yet been named.

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