Politicians and stars have begun removing evidence of their connection to the FTX.

 

Politicians and stars have begun removing evidence of their connection to the FTX.

American celebrities and officials began to erase messages related to the disgraced crypto exchange, and refuse money received from Sam Bankman-Fried

U.S. politicians and celebrities have begun removing evidence of their association with the FTX and its former head Sam Bankman-Freedom, According to BlockWorks. After the details of the disgraced exchange's unfair handling of customer funds became known, officials and stars who had previously supported Bankman-Fried's company began to analyze the growing consequences of the collapse of FTX, and at the same time imperceptibly erase evidence of once friendly relations with the alleged fraudster, the publication found out.

American football star Tom Brady, who in 2021 bought a stake in FTX along with his ex-wife Giselle Bundchen, erased more than 30 messages on Twitter (the social network is blocked in Russia) relating to the company and its founder.

U.S. Commodity Futures Trading Commission (CFTC) Commissioner Caroline Pham, appointed in April 2022, deleted a tweet with a photo of Bankman-Fried, which she published shortly after being sworn in, as well as all other references to the FTX.

Billionaire founder and head of the hedge fund Pershing Square Capital Management Bill Ackmann also erased his tweet, in which he supported Bankman-Fried after users of the social network told him that he seemed too lenient about the FTX.

Democratic representatives Dick Durbin and Jesús "Chui" Garcia told the Daily Beast that they would donate the $2,900 they each received from Bankman-Fried to charities. Republican David Schweikert also vowed to give up his $2,900 related to the FTX.

During the 2022 election cycle alone, Bankman-Fried personally transferred more than $ 13 million to dozens of candidates and election organizations of both American parties. However, most of the 26 officials interviewed by reporters declined to comment on whether they would withdraw the funds.

The bad faith of Sam Bankman-Fried became known to the general public in early November. A journalistic investigation showed that Alameda's reserves were backed by illiquid assets, and then it turned out that FTX covered Alameda's losses with client funds.


Comments

Popular posts from this blog

Acer Exposes Bank Details During Breach

"Investors need a minimum." When Bitcoin Will Begin Recovery