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2024

Crypto lobbyist charged with breaking campaign finance rules

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Nearly two years after FTX filed for bankruptcy, the charges against Bond show that the legal fallout from the company's implosion is not over. When FTX was a highflying exchange, its executives made tens of millions of dollars in political donations -- a spending spree that came under scrutiny from prosecutors after the company failed. Sam Bankman-Fried, founder of FTX, was convicted of fraud in November and sentenced to 25 years in prison.