FTX co-founder Nishad Singh pleads guilty to fraud and conspiracy charges.
Per OpenSecrets (
https://www.opensecrets.org/donor-lookup/results?name=nishad+singh ), he contributed exclusively to democrat candidates or democrat PACs over $8 million during the 2022 election cycle
Singh claims he was directed which candidates/PACs to donate to
https://www.msn.com/en-us/movies/other/ftx-co-founder-nishad-singh-pleads-guilty-to-fraud-and-conspiracy-charges/ar-AA183t62 Nishad Singh, a co-founder of collapsed cryptocurrency exchange FTX, has pleaded guilty to US federal fraud and conspiracy charges. Singh, who was FTX's director of engineering, is the third member of Sam Bankman-Fried's inner circle to agree to cooperate with prosecutors in the case against him. Former executives Caroline Ellison and Zixiao "Gary" Wang previously pleaded guilty to fraud charges
Singh pleaded guilty to six criminal counts, including wire fraud and conspiracy to defraud the US by violating campaign finance laws. He agreed to forfeit the proceeds of his actions, as Reuters reports. Bankruptcy filings showed that Singh received a $543 million loan from Alameda.
Singh admitted to making illegal donations to political candidates and PACs under his name using funds from Alameda Research (FTX's sibling hedge fund and crypto trading firm). He claimed the donations were intended to bolster the political influence of FTX and Bankman-Fried (aka SBF), according to The Wall Street Journal. Singh added that he agreed with the stances of those he donated to but didn't pick the candidates.
SBF now faces 12 criminal charges after an indictment detailing four additional ones was unsealed last week. He has been accused of stealing billions of dollars in FTX customer funds. Notably, in light of Singh's plea, the charges include alleged violations of federal campaign finance laws and fraud. SBF, who was arrested and extradited from the Bahamas in December. His trial is set for October.
Anonymous
>>1145107 his partner already admitted to donating an equal amount to Republicans
The Xe/Xir Who Cried Coup
Anonymous
>>1145107 >over $8 million during the 2022 election cycle That isn't a megadonor.
https://www.opensecrets.org/elections-overview/biggest-donors THOSE are megadonors
Anonymous
>>1145115 Sad Bankfraud Man is the head of a literal illegal democrat megadonor conspiracy, and Signh was just one of his lackies
Anonymous
>>1145122 The person you refer to is only #6 on the megadonor list and there are 4 republican megadonors above him.
Anonymous
>>1145107 The worst part is he'll get only like 10 years for untaxed billions of dollars
Anonymous
Quoted By:
>>1145129 He might get 10 years but he will only serve 2 max, like Wesley Snipes and Willie Nelson.
Anonymous
>>1145127 You know what the difference is?
Sad Bankfraud Man did it by running a fraudulent business that operates illegally and stole from people.
That's all Democrat money now.
Also with the money that he directed Singh to illegally donate, that puts him 4th in the list.
Idk where he is on the list adding in what he told his other cronies to donate
Anonymous
>>1145145 Oh boo hoo he bilked some shitcoin investors cry me a fucking river
Anonymous
Anonymous
>>1145146 >Oh boo hoo he defrauded and stole billions of dollars from people Typical democrat mindset. The unapologetic, pro-crime party
Anonymous
Quoted By:
>>1145148 >>1145149 >I'M OUTRAGED!!!1 HE OUGHT TO APOLOGIZE!!11 Anonymous
>>1145148 Why do you believe the words of a democrat Megadonor currently being charged for massive fraud when he says he is actually a republican megadonor in disguise?
Your literally spouting baseless claims
DNC Shill
Quoted By:
>>1145152 Because while any claims about him running a conspiracy to donate stolen money illegally to Democrat candidates is extremely far-fetched, it makes much more sense that he simply donated this stolen money to republicans instead
Anonymous
>>1145152 They openly donated to republicans through side businesses. Its all out there in the public knowledge. They donated to democrats with the main business do they could brag about it.
This isn't theory. This is known fact.
Anonymous
>>1145234 No, this is speculation based upon the words of a liar and demonstrable democrat megadonor but feel free to show me any actual evidence of a dollar amount given to gop organizations by sbm
Anonymous
>>1145236 >He doesn't know about republican dark money Anonymous
>>1145258 Nice goalpost shift.
Provide any actual evidence SBF is actually a cryptorepublican megadonor.
Because all the evidence shows he directed a massive criminal conspiracy who's very purpose was to give stolen cash to democrats.
Anonymous
Quoted By:
>>1145262 >Nice goalpost shift. what goalpost? it's a well known fact that republicans block all attempts to make the political donation process transparent. this moral high ground you pretend to have doesn't exist
https://thehill.com/homenews/senate/3656002-republicans-block-bill-requiring-dark-money-groups-to-reveal-donors/ Anonymous
Quoted By:
>>1145262 The whole point of dark money is to hide the evidence of who the donors are you numbskull. Republicans created the system that way.
Anonymous
Anonymous
>>1145275 >post the proof that we legislatively disallow you from seeing maybe you should call your republican congressman and tell them to make the political donation process transparent
Anonymous
>>1145276 >I just can't provide proof >Y-You know I'm right >Republitard shi-ACK! Anonymous
>>1145302 >resorting to emply pol memes you don't actually give a fuck do you, contrarian?
Anonymous
>>1145304 I do care so I want to see proof. Believing your baseless claim is something a /pol/pet would do. Provide me proof or shut the fuck up faggot.
Anonymous
>>1145306 there's mountains of proof that republicans block bills that address the issue of dark money. here:
>A new Washington Post exposé, building on research supported by ACS, documents how $250 million in dark money has allowed the far right to engage in an ongoing, multiyear effort to accomplish through the courts what they failed to do legislatively. >Read the article to learn how the Federalist Society’s Leonard Leo orchestrates these millions to get judges confirmed. In Trump, Leo saw someone to help accomplish his “long-held” goal: “A federal court system dominated by conservative judges who believe the Constitution must be interpreted literally.” https://www.acslaw.org/analysis/reports/dark-money/ but you're here to parrot talking points you've received, so keep pretending you don't understand how republicans are to blame for your question's lack of an answer
Anonymous
>>1145308 Oh wow you posted evidence thank you.
>You're here to parrot talking points you've received. So just like you?
Anonymous
>>1145309 >i'm a shill so everybody must be one too Anonymous
>>1145310 >Doesn't deny he parrots talking points he received. Thank you DNC shill. Now I must go lift for the Fuhrer.
Anonymous
Quoted By:
>>1145152 You have to realize these people are getting paid to write these baseless claims. I wouldnt't be shocked if 90% of the people itt are bots. Their claims are just so far out of reality that it is ridiculous to tryand reply to them.
Anonymous
Anonymous
>conservicunts think Democrats care about some bitch that donated a bunch of money to Uniparty Democrats
Anonymous
>>1145609 >REEEEEEEEEEEEEEEEEEE Anyway, enjoy your non-stop investigations lmao
Anonymous
>>1145611 Oh look the incel uprising veteran is back
Anonymous
Quoted By:
>>1145613 >muh incels! REEEEEEEEEEEEE Lmao
Anonymous
Quoted By:
>>1145613 Hello 2016, how are things going?
Anonymous
Quoted By:
>>1145609 I can't help but notice your using the word uniparty incorrectly... It implies a single party, not two uniparties
You literally using it as a term for triparty
How many days ago did you first encounter that word?
Deranged D
Quoted By:
Ackshually, he was a republican
