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<div class="cryptonews">
 <p class="is-style-lead">U.S. Presidential contender Robert F. Kennedy Jr. has voiced his shock and concern over the U.S. government’s decision to withdraw six charges against Sam Bankman-Fried, the embattled founder of crypto exchange FTX.</p>
 <p>Presidential hopeful Kennedy Jr. took to X to share his views on the development, highlighting that <a rel="noopener noreferrer nofollow" title="charges" href="https://thebittimes.com/tag/charges.html">charges</a> against Bankman-Fried for allegedly donating $100 million in stolen customer funds to various politicians have been dropped.</p>
 <p>He emphasized the lack of public surprise at this <a rel="noopener noreferrer nofollow" title="decision" href="https://thebittimes.com/tag/decision.html">decision</a> as indicative of a deeper problem of normalized <a rel="noopener noreferrer nofollow" title="corruption" href="https://thebittimes.com/tag/corruption.html">corruption</a> within the U.S. government.</p>
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    <p lang="en" dir="ltr">No one is even surprised. THAT is a bigger problem than the fraud itself. It shows how normalized <a rel="noopener noreferrer nofollow" title="corruption" href="https://thebittimes.com/tag/corruption.html">corruption</a> has become. https://t.co/g9QrScuCJx</p>— Robert F. Kennedy Jr (@RobertKennedyJr) December 31, 2023
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 <p>Earlier last year, crypto.news reported on the U.S. government’s campaign finance charges against Bankman-Fried, alleging that he directed two former FTX executives to channel over $100 million to certain political candidates. This was supposedly done to bypass legal campaign limits and support pro-crypto industry politicians.</p>
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> FTX saga: what happened to FTX and Sam Bankman-Fried in 2023
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 <p>The indictment from Aug. 14 detailed how Bankman-Fried used his influence to lobby Congress and regulatory agencies for favorable crypto regulations and legislation.</p>
 <p>United States prosecutors, led by U.S. Attorney for the Southern District of New York Damian Williams, have decided not to pursue several remaining charges against Bankman-Fried, including foreign bribery, bank fraud, and unlawful political donations.</p>
 <p>This decision was partly influenced by a dispute with the Bahamas over Bankman-Fried’s extradition and the fact that evidence for some charges had already been presented during his original trial. Bankman-Fried was found guilty on all seven counts of fraud and conspiracy related to FTX and Alameda Research.</p>
 <p>Prosecutors aim to proceed with sentencing in March 2024 without the delays of a second trial, citing the public interest in a timely and just resolution.</p>
 <p>Consequently, some details might remain undisclosed, such as the specific role of Thai escorts in Alameda’s strategy to unlock its Chinese accounts. This led to Alameda bribing Chinese government officials, a revelation made in the testimony of Caroline Ellison, the former CEO of Alameda and a key witness in the case.</p>
 <p>The crypto community is particularly concerned about the dropped <a rel="noopener noreferrer nofollow" title="charge" href="https://thebittimes.com/tag/charge.html">charge</a> of unlawful political donations, given Bankman-Fried’s substantial donations to politicians across the political spectrum.</p>
 <p>On Dec. 30, Coinbase’s Chief Legal Officer, Paul Grewal, also took to X to label the decision a “miscarriage of justice,” emphasizing the importance of publicly airing campaign finance charges.</p>
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    <p lang="en" dir="ltr">That said, I think this is a miscarriage of justice. The public interest in a public airing of <a rel="noopener noreferrer nofollow" title="charges" href="https://thebittimes.com/tag/charges.html">charges</a> almost always matters. Campaign finance <a rel="noopener noreferrer nofollow" title="charges" href="https://thebittimes.com/tag/charges.html">charges</a> are at the very top of this list. What politicians and others knew what and when are critical questions that deserve answers.</p>— paulgrewal.eth (@iampaulgrewal) December 30, 2023
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 <p>Bankman-Fried is currently slated to receive his sentencing on March 28, 2024.</p>
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> FTX case unwinnable, says Sam Bankman-Fried’s lawyer
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/rfk-jr-voices-corruption-in-us-decision-to-drop-charges-against-sbf-tbt75267.html">https://thebittimes.com/rfk-jr-voices-corruption-in-us-decision-to-drop-charges-against-sbf-tbt75267.html</a></p>

RFK Jr. voices corruption in US decision to drop charges against SBF

TheBitTimes

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