Former FTX CEO Sam Bankman-Fried met with government officials at the White House on at least four separate occasions in 2022, one of which reportedly occurred just two months before the fall of his crypto empire.
White House 2022 visitor logs featuring Sam Bankman-Fried.
Biden needs to explain what his administration was doing meeting so often with crypto fraudster SBF. —
Paul A. Szypula (@Bubblebathgirl) December 29, 2022 As per the Bloomberg report, sources suggested that politics had not been discussed at the meeting, and that conversations were focused on the crypto industry, exchanges and pandemic prevention.
He was previously accused of attempting to redirect regulators away from centralized exchanges like FTX to decentralized finance (DeFi) platforms such as lending protocol MakerDAO.
Source: Cointelegraph