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spatenfloot OP t1_j9pg8mq wrote

from the article:

" The donations were made with money from Alameda bank accounts
including FTX customers funds that were then transferred to the straw
donors’ personal accounts that made the contributions. The outgoing
transfers were concealed in internal company records as expenses or
loans to those executives. "

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BCCMNV t1_j9qxwu9 wrote

That’s not even accidental campaign violations.

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ChalupaCabre t1_j9qzs89 wrote

You mean standard big business expenses….

Until someone gets their books TRULY audited, then OMG, I can’t believe it’s not butter!!

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BCCMNV t1_j9r0pla wrote

He organized funneling stolen money to political campaigns using straw donors.

They’re running this one by the books. This is why the FEC had to request that any recipients return the money, because it was illegally obtained.

This might go down as the biggest financial shit show in history in terms of impacts. Enrons blast radius was largely isolated to retirements. Madoff was isolated to investors.

This is a whole new level of fuck up.

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racinreaver t1_j9s5x7v wrote

Who's getting fucked in this other than folks that used FTX or Alameda?

Enron's fuckery also fucked millions across the country as they manipulated energy markets, btw.

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