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    Home»News»SBF Met With Biden’s Aides On Crypto Policy
    News

    SBF Met With Biden’s Aides On Crypto Policy

    Rea K.By Rea K.December 30, 2022Updated:December 30, 20222 Mins Read
    SBF Met With Biden's Aides On Crypto Policy
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    Sam Bankman-Fried, the former CEO of FTX, reportedly had at least four meetings with government representatives in the White House in 2022, one of which apparently took place only two months before his crypto empire collapsed.

    The White House posts visitor logs every month, and the records reveal that Bankman-Fried met with Counselor to the President Steve Ricchetti on April 22 and May 12, as well as another meeting with policy adviser Charlotte Butash on May 13.

    The president’s counselor Ricchette and the former FTX CEO met as recently as September 8; this encounter, however, did not appear on the visitor logs, according to a Bloomberg article from December 29.

    White House 2022 visitor logs featuring Sam Bankman-Fried. Source: The White House

    Members of the cryptocurrency community are interested in the disclosure and want to know why there appeared to be such a frequent exchange of visitors between FTX and the White House.

    FTX CEO Sam Bankman-Fried reportedly had four meetings at the White House leading up to the 2022 mid term elections.

    Biden needs to explain what his administration was doing meeting so often with crypto fraudster SBF.

    — Paul A. Szypula 🇺🇸 (@Bubblebathgirl) December 29, 2022

    According to the Bloomberg story, sources indicated that the meeting’s discussions were centered on the cryptocurrency sector, exchanges, and pandemic preparedness rather than politics.

    Bankman-Fried, who now resides in the Bahamas, is known to have frequented Washington as part of his efforts to shape crypto policy and establish contacts. Previously, he was charged with trying to steer regulators away from centralized exchanges like FTX and toward decentralized finance (DeFi) systems like the lending protocol MakerDAO.

    In an interview with cryptocurrency YouTuber Tiffany Fong on November 16, Bankman-Fried, a large Democratic donor, acknowledged that he had given roughly the same amount to both parties but that his “Republican donations were hidden.” 

    Previous ArticleBahamas Seized $3.5B From FTX on Custody Concerns
    Next Article Sam Bankman-Fried Cashes Out $684,000 While Under House Arrest 

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