Second SBF Trial Canceled, Cover-up Suspected

Sam Bankman-Fried
Michael M. Santiago/Getty Images

Second SBF Trial Canceled, Cover-up Suspected

Convicted ftx founder Sam Bankman-Fried will not face a second trial, United States prosecutors told a federal court on Friday.

  • In November, Bankman-Fried was convicted of seven criminal counts, including wire fraud, wire fraud conspiracy and three conspiracy charges.
  • However, other charges were left for a second trial—scheduled to begin in March—including conspiracy to make unlawful campaign contributions and conspiracy to bribe foreign officials.

Who is being protected? The prosecutors say the second trial would only delay Bankman-Fried’s victims being compensated, and since he may end up in jail for life, any additional punishment would be superfluous. Critics, however, argue that scuttling this prosecution only protects the politicians he donated money to, on the scale of millions of dollars.

  • Having given $36 million, Bankman-Fried was already known to be the second-largest donor to the Democratic Party during the midterm elections, after George Soros. Evidence indicates his donations could have been even more significant.

Two-tiered justice: This decision reinforces criticisms that the Department of Justice persecutes those on the political right while going soft on and even protecting those on the left.

So we won’t know which politicians he bribed or whose campaigns he influenced? That collective sigh of relief you are hearing is from the “deep state.”
—Tim Burchett, U.S. Representative (R-Tenn.)

The sbf case became too high-profile for the doj to completely ignore, but they made sure laundering $100 million of customers’ money to Schumer, Biden and McConnell and other dark money groups would never blow back on the “elite.” Trump faces 700 years in federal prison, but America’s uniparty cabal just gave themselves a get-out-of-jail-free card. You’re witnessing D.C. corruption in real time.
—Charlie Kirk, commentator

Learn more: The way this entire case has been handled powerfully displays the widespread corruption prevalent in the U.S. To learn more, read our article “FTX: Are America’s Democrats Behind the Scam of the Century?