Cameron Winkelvoss Calls for Inquiry Into SBF’s $100M Campaign Finance Breaches
Author: Content Editor
Cameron Winkelvoss, CEO of Gemini, has called for an inquiry into the dropping of campaign finance charges against Sam Bankman Fried, the former co-founder of FTX. Winkelvoss questions why charges related to $100 million of stolen customer funds given to Democrats were not pursued and urges the incoming Attorney General to investigate the breaches. The Department of Justice dropped the charges last year, moving away from politics, but this decision has raised concerns among crypto stakeholders. The community expects the justice system to fully investigate financial crimes that could have impacted political decisions. In another development, Donald Trump has chosen Scott Bessent as his Treasury Secretary, with Bessent being a vocal advocate for Trump's economic policies, including a pro-tariff stance. Winkelvoss praises the nomination and notes that Bessent offers a good explanation for the war on crypto. Additionally, former FTX employees Nishad Singh and Gary Wang have avoided prison time by cooperating with prosecutors and using their skills to detect potential fraud in the stock and cryptocurrency markets.