• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 9
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    Trump Announces First Post-Tariff Trade Deal

    May 8, 2025

    Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

    May 7, 2025

    Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

    May 7, 2025

    Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump

    May 7, 2025

    ‘Wait Them Out’: John Kennedy Tells Larry Kudlow One Lie He Suspects China’s Telling US

    May 7, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Tech»Biden DOJ Overlooking ‘Biggest Campaign Finance Scandal in a Generation’ By Not Charging Sam Bankman-Fried
Tech

Biden DOJ Overlooking ‘Biggest Campaign Finance Scandal in a Generation’ By Not Charging Sam Bankman-Fried

January 3, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Venture capitalist Nic Carter told Breitbart News in an exclusive statement on Tuesday that the Biden Justice Department has exposed its agenda as “nakedly political” by not prosecuting former FTX CEO Sam Bankman-Fried, who donated overwhelmingly to Democrats.

The Biden Department of Justice announced last week that they would not prosecute Bankman-Fried for his allegedly unlawful political donations using customer funds nor his alleged bribery of foreign officials.

The announcement was universally condemned by conservatives as well as those in the crypto world, who believe there needs to be a full accounting of the alleged crimes Bankman-Fried committed while leading the now-defunct cryptocurrency exchange FTX.

Nic Carter is a general partner at Castle Island Ventures, a venture capital firm that invests in crypto-financial infrastructure and “restoration of property rights on the internet.” Castle Island Ventures in 2022 raised $250 million for its third fund targeting startups in the monetary network, financial services, and internet architecture spaces, including Web3:

The Castle Island Ventures III fund is the largest fund ever for Castle Island since it was founded in 2018, following its first $30 million fund and then a $50 million second fund that closed in February 2021. Investors in the third fund included endowments, asset managers, family offices and fund of fund groups, according to the announcement post on Medium.

The Castle Island portfolio of early-stage crypto investments has included asset management firm Bitwise and crypto lender BlockFi.

 Carter condemned the DOJ’s refusal to prosecute Bankman-Fried in a statement to Breitbart News.

“By refusing to publicly litigate the totality of SBF’s [Sam Bankman-Fried] crimes, the Biden DoJ has yet again exposed their agenda as nakedly political,” Carter explained in a written statement. “There is a clear public interest in a full accounting of Bankman Fried’s misdeeds, especially his campaign finance contributions. SBF favored Democrats in his efforts to influence Washington in the midterms and one must wonder if that played into the decision.”

See also  Testimony Exposes 'Code Yellow' Alert Combining Search and Ad Teams to Raise Revenue

Indeed, during the height of his influence, Bankman-Fried sought to outpace Democrat megadonor George Soros as the largest donor to the party. He reportedly spent $100 million in stolen customer funds to donate mostly to Democrats and was the second largest donor to Joe Biden’s presidential campaign. (Only former New York Mayor Michael Bloomberg gave more.) One Puck News report found that Bankman-Fried sought advisers and conducted data experiments to help Democrats during the 2024 elections.

RELATED VIDEO — New FTX CEO John Ray: Scandal Is “Plain Old Embezzlement”:

U.S. House Committee on Financial Services/YouTube

“Serious questions must be asked of this oversight, especially given Barbara Fried’s history as a democrat dark money bundler. The DOJ has time to pursue Jan 6ers to the ends of the earth but is overlooking the biggest campaign finance scandal in a generation,” Carter continued.

Bankman-Fried’s mother, Barbara Fried, helped craft the strategic memo that guided the Democrats’ 2020 election strategy as the leader of the Democrat super PAC Mind the Gap. Fried, a Stanford University professor, argued that Democrats should move to get non-partisan Americans registered to vote as it is “four to ten times more cost-effective” at “netting additional Democratic votes.”

Sam Bankman-Fried's parents

Sam Bankman-Fried’s parents (Spencer Platt /Getty)

“The public deserves to know precisely who in Washington received SBF’s money, and the DOJ is stymieing the full accounting that must be done,” Carter added.

Sean Moran is a policy reporter for Breitbart News. Follow him on Twitter @SeanMoran3.

BankmanFried Biden Biggest Campaign Charging DOJ finance Generation Overlooking Sam Scandal
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Indonesian Finance Minister Denies Resignation Rumors After Market Plunge

March 19, 2025

The Scandal at Indonesia’s State-Owned Energy Firm Pertamina, Explained

March 11, 2025

The Financial Scandal at Indonesian Tech Unicorn eFishery, Explained

February 14, 2025

Biden Handing Trump A Financial ‘Ticking Time Bomb’ As Gov’t Budget Deficit, Spending Soars

January 15, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Accused Fraudster Tried To Use Thai Prostitutes’ IDs To Move Money Before Alleged China Bribes, Ex Testifies

October 11, 2023

The Boomerang Effect of Beijing’s Economic Censorship

October 1, 2024

Carvana, Novavax, Fisker and more

July 10, 2023

More Americans Taking Second Jobs, Part-Time Work As Inflation Continues To Rage

September 8, 2023
Don't Miss

Trump Announces First Post-Tariff Trade Deal

Business May 8, 2025

President Donald Trump announced Thursday the U.S. has reached a trade agreement with the U.K.,…

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025

Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

May 7, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,110)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,626)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Over Half Million in Taxpayer Money Spent on Promoting LGBTQ+ ‘Pride’

August 15, 2023

U. of Cincinnati Prof Who Failed Student for Using Term ‘Biological Women’ Claims She Is the Victim

June 14, 2023

Aaron Rodgers To Speak At Psychedelics Conference In Denver

June 21, 2023
Popular Posts

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.