Saturday, December 17, 2022

As Sam Bankman-Fried Indictment Unsealed Press Asks US Attorney of Politicians, Remand

 

By Matthew Russell Lee, Patreon Maxwell book
BBC Honduras - CIA Trial book - NY Mag

SDNY COURTHOUSE, Dec 12 – Sam Bankman-Fried of FTX has been indicted in the U.S. District Court for the Southern District of New York, leading to his arrest in the Bahamas on December 12.

The indictment was set to be unsealed on December 13, and Inner City Press was and is covering it - here is the indictment, on Inner City Press' DocumentCloud here.

At 2 pm on December 13, SDNY US Attorney Damian Williams held a press conference about the indictment, but repeatedly declined to go beyond its four corners.

Inner City Press asked US Attorney Williams about the politicians who took SBF's illegal campaign contributions, and about pending legislation which, it was said during the monrnings House Financial Services Committee hearing, is fueld by it. SDNY Facebook video here, from Min 22:27.

  US Attorney Williams said as to who knew what, he would not expand beyond the indictment. And on Inner City Press' question if he'd be seeking SBF's pre-trial detention, he said he wouldn't answer, noting that SBF is in the Bahamas. But not for long? More on Patreon here.

 The indictment was unsealed by Magistrate Judge James L. Cott on December 13 (though when Inner City Press tried the door to the Mag Court at 9:20 am, it was locked). Judge Cott's order on Patreon here.

Judge Cott must has used the "wheel," and the case was assigned to District Judge Ronnie Abrams.

 In the run-up, we noted that SBF's "effective altruism" made in-road into the United Nations, always eager for bribe money as shown in the SDNY prosecutions of Ng Lap Seng and Patrick Ho of CEFC China Energy. 

At the UN, it was also known as "longtermism," ironic given the support by UNSG Antonio Guterres of long time dictators like Paul Biya of Cameroon. 

 It is also worth noting that the SDNY prosecutors earlier this month unsealed their indictment of crypto-fraud OneCoin's Frank Schneider, but he has yet to be extradited. How long will it take for SBF? Inner City Press is on it - watch this site

The case us US v. Bankman-Fried, 22-cr-673 (Abrams).

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