EXCLUSIVE: Sam Bankman-Fried, FTX wined and dined top regulator official at ritzy DC restaurant, emails show
On Oct. 5, 2021, Bankman-Fried, FTX General Counsel Ryne Miller, and then-FTX President Brett Harrison went to dinner at the luxury Indian restaurant Rasika West End with Dan Berkovitz, who at the time was a commissioner for the U.S. Commodity Futures Trading Commission, one of several agencies that regulate cryptocurrency, according to emails obtained by the watchdog Protect the Public's Trust and shared with the Washington Examiner.
FTX's lawyer, Miller, paid the bill at the Rasika dinner and appears to have later been reimbursed to some degree by Berkovitz, according to the emails, which were released under the Freedom of Information Act and have not been reported on until now. "Commissioner," wrote Miller to Berkovitz on Oct. 5."Your dinner bill was $50. For Rasika West. You may send via Paypal to [email protected]."
It is unclear what article Berkovitz was referring to. A receipt for the alleged PayPal transaction was also not included in the email thread. Bankman-Fried, who was once worth roughly $26.5 billion, is being charged by the Justice Department with money laundering and various types of fraud after FTX allegedly diverted billions of dollars in customer funds to Alameda Research, a bankrupt cryptocurrency group that Bankman-Fried also founded. He faces up to 115 years in prison.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX founder Sam Bankman-Fried agrees to extradition to U.S., attorney saysSam Bankman-Fried may be ready to come to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX following a chaotic court...
Read more »
Sam Bankman-Fried, former FTX CEO, expected to waive extradition from Bahamas: SourcesNEW: Former FTX CEO Sam Bankman-Fried is prepared to waive extradition from the Bahamas during a court appearance that could occur as soon as Monday, multiple sources familiar with the matter told ABC News.
Read more »
Sam Bankman-Fried, founder of FTX, to waive extradition in Bahamas courtSam Bankman-Fried to appear in Bahamas court, where he’s expected to waive his extradition rights, according to a source with knowledge of the situation.
Read more »
FTX founder Sam Bankman-Fried plans to drop extradition fightFTX founder Sam Bankman-Fried is expected tell a judge in the Bahamas that he will no longer fight extradition to the U.S., a source with direct knowledge of the matter said.
Read more »
Disgraced FTX founder Sam Bankman-Fried does not waive extradition to US from Bahamas as expectedSam Bankman-Fried, who is facing charges in the U.S. following the collapse of his cryptocurrency company, FTX, did not waive his right to an extradition hearing at a court appearance in the Bahamas on Monday as expected, casting uncertainty around his potential transport to the U.S. for prosecution. The proceedings were adjourned to an as-yet-unspecified date and Bankman-Fried was remanded back into custody. Bankman-Fried, 30, was arrested last week in the Bahamas after federal prosecutors in New York filed an eight-count indictment including allegations of fraud and conspiracy.
Read more »
FTX founder Sam Bankman-Fried does not waive extradition from Bahamas as expectedFTX founder Sam Bankman-Fried is facing charges of fraud and conspiracy in the U.S.
Read more »