Washington has its own giant FTX problem, in what now appears to be millions of dollars in dirty donations. It’s a donor scandal for the ages, and yet politicians are mum on what they intend to do about it.
SBF donated $6 million to the House Majority PAC, an outside group affiliated with Speaker Nancy Pelosi.
According to Forbes, which obtained a copy of his draft testimony, we now know what Bankman-Fried would have told lawmakers had he not been arrested.
“I would like to start by formally stating, under oath: I f***ed up,” he wrote.
Lawyers for the bankrupt crypto exchange FTX will square off in court on Wednesday to fight a demand for internal records from an insolvent affiliate based in the Bahamas as the two wrestle over scraps of the once high-flying business.
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