Democrat megadonor Sam Bankman-Fried is arrested in the Bahamas

Former FTX (crypto-exchange) CEO Sam Bankman-Fried was arrested on Monday by authorities in the Bahamas because they were notified that the U.S. Department of Justice has filed criminal charges against him and is expected to request extradition.

🔹FTX was a cryptocurrency exchange, which crashed in November due to a lack of liquidity and mismanagement of funds, followed by a large volume of withdrawals from rattled investors.

🔹Sam Bankman-Fried and FTX execs donated a total of $70 million to political campaigns in 18 months, $40 million of which Bankman-Fried himself donated to mostly liberal efforts

🔹FTX is at the center of the Ukraine military financial aid scandal: a portion of the financial aid might have been invested in FTX that then made massive donations to Democrats

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