| Bankman-Fried
Used Singh to
Give
Politicians
FTX Customer
Funds Through
Wells Fargo
by
Matthew Russell Lee, Patreon Book
Substack
SDNY COURTHOUSE,
Oct 16 – For US v
Bankman-Fried, after more than
a day of jury selection, late
morning on October 4 the
twelve and six alternate were
selected. Inner City Press
live tweeted the voir dire here
and more below
With Caroline
Ellison on the witness stand
on Wednesday, October 11
questioning turned to FTX's
China bribe. Inner City Press
live tweeted thread.
With Nishad Singh
on the stand on October 16,
talk turned to FTX's stealth
funding of politicians, with
exhibits. Inner City Press thread
On screen: Keenan
Lantz asks "Salams" to get
$20K from Singh's bank account
to the Delaware Democratic
Party.
AUSA Roos: Who is
Keenan Lantz?
Singh: He worked
for Gabe Bankman-Fried's GAP
AUSA: What's
that?
Singh: Guarding
Against Pandemics
AUSA: What's
this? Singh: Keenan asking to
set up a Prime Trust account
that Keenan could
access.
AUSA: Did Sam
Bankman-Fried have the same
set up? Singh: Yes, my
understanding -
SBF's lawyer:
Objection! Judge Kaplan:
Sustained. Answer's stricken.
Singh: Then
they used my Wells Fargo
account. They asked if they
could use me to make
contributions to many
Democratic candidates. I
agreed. Judge Kaplan:
What is Act Blue?
Singh: A platform
to make donations to
Democrats. I was supposed to
sign a lot of checks
AUSA: Where did
these funds come from? Singh:
Alameda sent me FTX customers'
funds. AUSA: Why were they
made in your name? Singh:
Optics. End recipients knew
they were actually coming from
someone else.
On the screen:
Michael Sadownsky told Singh,
with you being the center left
face, you'll be making
donations "to a lot of woke
sh*t."
AUSA: Was that
your understanding? Singh: Yes
but without swear words. It
seemed to go to LGTBQ Victory
Fund but really to others
Singh: I
wasn't comfortable. So I
sought others who were willing
to have their names used.
AUSA: How were contributions
tracked? Singh: In 2022 Sam
wanted us to fill out a form
about all donations, so he
could make representations
about what FTX was supporting.
Now
prosecution puts up a
spreadsheet, very fast,
listing FTX money transfers
like Susan Collins $5800
Benjamin Chang $75,000 Alex
Padilla Joe Manchin M. Hassan;
also Effective Altruism
Foundation and Bulletin of
Atomic Scientists
AUSA: Mr. Singh,
did your cooperation talks and
agreement involve this? Singh:
Yes. I have pled to defrauding
and money laundering and
campaign finance violations.
SBF's lawyer: Sidebar, please?
Judge Kaplan; Yes.
They're back from
whispered sidebar Judge
Kaplan: This defendant is not
charged with campaign finance
violations
[Inner City
Press: at request of the
Bahama$ ]
More on
Substack here
Inner City
Press live tweeted the voir
dire and now, more on Substack
here
and all on Patreon here
***
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