Jamie Loftus
๐ค SpeakerAppearances Over Time
Podcast Appearances
The campaign finance violation.
This was not due to him being innocent, but due to some legal weirdness involving the letter of the extradition agreement the U.S.
signed with the Bahamas.
Basically, when we put together the agreements that they'd extradite him, that was not on the document.
So the feds had to like drop the charge in order to not deal with a bunch of other bullshit.
It's a technicality, but it means that his brother Gabe and several members of the philanthropic team at FTX probably will not be charged for very likely committing crimes.
And I say they likely committed crimes because FTX executive Nishad Singh already pled guilty this spring to participating in a straw donor scheme.
So he is.
Yeah.
And he pled guilty before they dropped this charge, which he's got to feel like an asshole for doing, because now he is going to get punished for that, even though SBF is no longer being charged for it.
Yeah.
What are you going to do?
Hey, everyone.
Just wanted to note that since we recorded this, the prosecution has noted that they will be seeking to add those charges back on that were dropped.
So it's possible that both Sam and other members of his inner circle will be charged with all that stuff.
We just really kind of don't know at this point.
But I do want to note that the prosecution is at least saying, hey, like, despite this incident,
a little mess up.
We are, we are not just giving up on, on this charge.
So heads up about that could change in the future.