The Department of Justice decided not to pursue a second trial for FTX founder Sam Bankman-Fried over alleged illegal campaign contributions of $100 million.
This decision contrasts with the treatment of conservative filmmaker Dinesh D’Souza in 2014.
D’Souza was charged with one count of causing $20,000 in illegal campaign contributions to be made to a candidate for the United States Senate in calendar year 2012, which carried a maximum sentence of two years in prison.
Bankman-Fried was convicted of seven fraud and conspiracy-related charges but won’t face campaign violations due to extradition treaty terms with the Bahamas.
🇺🇸 #SBF Sam Bankman-Fried lost $8bn of #FTX client money.
He donated $100m in stolen customer funds to US politicians.
The US Government are prosecuting his fraud, but dropping his political campaign finance violations & likely won’t clawback the politicians for victims.
— Simon Dixon (@SimonDixonTwitt) December 30, 2023
“As our Office’s record reflects, we will investigate and prosecute violations of federal law, particularly those that undermine the integrity of the democratic electoral process, without regard to the defendant’s political persuasion or party affiliation. That is what we did in this case and what we will continue to do,” former U.S. Attorney Preet Bharara previously said.
The decision has raised questions about political influence in legal matters, especially in comparison to past cases involving campaign finance violations.
SBF gave $5.2 MILLION to Biden in 2020. Biden is happy to send him to jail, but def won't be prosecuting him for campaign violations.
Biden’s DOJ drops charges of political campaign violations against disgraced FTX founder Sam Bankman-Friedhttps://t.co/z51YyrGFo6
— Libby Emmons (@libbyemmons) December 30, 2023
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