Last Updated on March 28, 2024
FTX crypto scammer Sam Bankman-Fried has been sentenced to 25 years in prison and ordered to forfeit more than $11 billion worth of assets thanks to his conviction of defrauding customers and investors on a massive, global scale. Despite his conviction and sentencing, SBF’s close links to the swamp establishment and other global power brokers have never been seriously investigated by the courts, and his massive political donation spree has been swept under the rug.
Federal Judge Lewis Kaplan of the Southern District of New York sentenced FTX founder, convicted scammer, and uni-party mega-donor Sam Bankman-Fried to 25 years in prison, a sentence of roughly half the 50 years sought by federal prosecutors.
At sentencing Judge Kaplan said from the bench that SBF “never [offered] a word of remorse for the commission of terrible crimes,” and opined that SBF was motivated by his desire “to be a hugely, hugely politically influential person in this country.”
Additionally, Kaplan said in court that he would move to have SBF placed in a medium-security prison.
PHOTO: Crypto Freak Sam Bankman-Fried In Jail…
National File has extensively reported on the story of FTX, its founder, and their links to the global political class, which includes alleged tentacles that stretched into Ukraine.
SBF has deep ties to the establishments of both the Democrat and Republican Parties and, as National File reported after the GOP’s failed 2022 midterms, with the help of SBF’s GOP bagman Ryan Salame, millions of dollars worth of FTX money were pumped into Kevin McCarthy’s political machine, which he then used to crush America First candidates in GOP Primaries, allowing McCarthy to form a narrow establishment majority in the House and slither his way into the Speaker’s Chair for a few months.
But the effects of McCarthy’s FTX spending spree have been long-lasting, as the red wave-turned-pink trickle has been followed up by a McCarthy-led resignation wave, putting the Republicans at a legitimate risk of losing control of the House BEFORE the 2024 elections are even held.
Read More: McCarthy Used FTX Cash to Defeat Conservatives in 2022
As an apparent thank you for his financial allegiance, anti-Trump McCarthy henchman and short-time Speaker of the House candidate Tom Emmer supported Sam Bankman-Fried until the bitter end, even after he’d been exposed as an industrial-scale financial cheat.
As National File previously reported:
When FTX crashed and Sam Bankman-Fried’s face was plastered on television screens and media stories all over the world, Emmer was one of the few politicians in America not piling onto the alleged scammer who faces a laundry list of federal charges.
“I’m not going to pass judgment until we see what all the details are,” Emmer told the press at the time, before adding that Sam Bankman-Fried is “a very likable young man.”
Read More: Tom Emmer Called FTX Founder Bankman-Fried ‘A Very Likable Young Man’
Beyond his ties to Congress, SBF and his criminal associates at FTX and Alameda Research had been able to gobble up so much influence, that he allegedly tried to purchase the 2024 Presidential Election, by floating the futile idea of paying 45th President Trump $5 billion not to run, and not to beat SBF’s chosen vessel.
Read More: FTX Founder Sam Bankman-Fried Tried to Buy 2024 Election for $5 Billion
Sam Bankman-Fried’s 25 year sentence comes after his aforementioned GOP bagman and FTX co-founder, Ryan Salame, got off with no prison time, pleading guilty to federal charges and skating by with over a billion dollars in asset forfeiture and several million worth of fines and restitution, which all added up to pale in comparison to the financial damage done by FTX.
SBF’s sentencing also comes after his ex-girlfriend, Caroline Ellison, agreed to plead guilty to numerous charges and cooperate with federal authorties. She has yet to be sentenced, but faces a maximum of 110 years, which is expected to be reduced thanks to her cooperation.