Sam Bankman-Fried Met With White House Staffers Before His Fraud Arrest

Sam Bankman-Fried apparently held 4 conferences with members of President Joe Biden‘s cabinet in 2022 before his FTX empire collapsed, resulting in his arrest on federal fraud charges.

The disgraced “Crypto King,” who is at the center of among the biggest monetary scams in U.S. history, took a seat with senior White House consultant Steve Ricchetti on September 8, according to a brand-new report by Bloomberg.

Sam supposedly had 2 follow-up conferences with Ricchetti on April 22 and May 12. He likewise apparently consulted with Biden’s deputy chief of personnel, Bruce Reed. It’s unclear what was gone over in any of the parties.

As we reported … Bankman-Fried was jailed in the Bahamas on Dec. 12. He was federally charged in New York with 8 counts of wire fraud, securities fraud, cash laundering and a project financing offense. He confronts 115 years in jail if founded guilty.

The Bloomberg report is however another example of Bankman-Fried’s deep ties with the Washington D.C. facility before Sam was implicated of taking $1.8 billion from financiers in his cryptocurrency plan. And it’s clear that Sam has actually contributed millions to the projects of popular political leaders, consisting of Biden.