Some of the money, she said, went to political donations, including $35 million funneled through one political operative to Republican candidates and another $10 million that Bankman-Fried steered to President Joe Biden, money that she said Bankman-Fried thought bought him a measure of influence and recognition.
Sam Bankman-Fried, FTX founder, hoped to be president someday, star witness Caroline Ellison says
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Ellison said Bankman-Fried set up systems that enabled Alameda to withdraw unlimited sums of money from FTX accounts and he “directed us to take FTX money to repay our loans.”
Star witness Caroline Ellison says FTX founder Sam Bankman-Fried hoped to be U.S. president someday
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