Saturday, December 17, 2022

As Sam Bankman-Fried of FTX Heads to SDNY Echoes of OneCoin and UN Bribery Cases

 

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 is covering it - here now the indictment, on Inner City Press' DocumentCloud here.

 In the run-up, we note 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. 

 Here in New York, Alameda Research CEO Caroline Ellison has been spotted, reputedly represented by Stephanie Akavian formerly of the SEC. Can you say, 5K1?

 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

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