FTX's Bankman-Fried Released on $250M Bond

Image copyright: Reuters

The Spin


Narrative A

According to the US government's account, Bankman-Fried's corruption was baked into FTX's processes from the very start of its operation. Whether he was dishonest, deluded, or both, the government needs to conduct the most thorough investigation and prosecution of this fraudulent crypto billionaire.


Narrative B

Bankman-Fried faces charges of campaign finance violations ranging up to tens of millions of dollars. These donations went to the highest level of leadership in both the Democratic and Republican parties, which begs the question: did these political elites know where their high-dollar donations were coming from? And what will happen to all that money? It's imperative to expand the investigation to the maximum extent.


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