Pro-bitcoin presidential candidate Robert F. Kennedy Jr. has weighed in on what could be the reason behind the The United States government drops six charges against the founder of FTX Sam Bankman-Frito (SBF). The politician suggested that there could be other motivations for this decision besides the reason given by prosecutors.
Corruption could be the reason behind the charges being dropped
in a mail On his platform X (formerly Twitter), Kennedy hinted that the corruption in the system It was the reason US prosecutors chose not to hold a second trial for SBF. According to him, this corruption is an even bigger problem than the fraud committed by the founder of FTX, since it is something that has been “normalized.”
As a result of this, the Presidential candidate He was not surprised that the charges were dropped, as this is what can be expected from a government that he claims is corrupt. Interestingly, one of the six charges that were dropped includes his alleged violation of campaign finance rules. SBF was accused to make $100 million in campaign contributions and use straw donors to achieve it.
Bankman-Fried was then said to have made these donations to curry political favors. If we go by Kennedy's recent statement, then the FTX founder could have used his connections with these politicians to make the second test disappears. However, the government claimed that it took this decision in the public interest.
In the letter sent to Judge Lewis Kaplan, the Department of Justice (DOJ) said that the “public interest in a prompt resolution of the matter outweighs the interest in holding a separate trial.” They also alluded to how a second trial will also cause delays in restitution to the victims of Bankman-Fried's crimes.
<img decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/NlF9awmB/" alt="Tradingview.com FTX FTT Token Price Chart (Sam Bankman-Fried Pro-bitcoin Presidential Candidate)” width=”3266″ height=”1530″/>
What's next for Sam Bankman-Fried?
The sentence of the founder of FTX is still scheduled for March 28, 2024. Legal experts Sam Enzer and Rich Cooper had previously weighed how old they will probably be. Both agreed that SBF would receive more than 20 years in prison. However, they do not believe that the maximum sentence of 110 years will be imposed.
A factor that Judge Lewis Kaplan What we probably need to consider is Sam Bankman-Fried's age and the fact that he can still reintegrate into the system. Assuming he is sentenced to about 30 years in prison, fried banker He could leave when he turns 60.
Meanwhile, considering Kennedy's theory, there is a chance that Sam Bankman-Fried will receive a much shorter sentence than expected. So far, however, Judge Kaplan has proven undeterred by any political connections he may have. Curiously, most pretrial rulings went against Bankman-Fried, as Judge Kaplan did not seem to give much defense indulgence.
Featured image from OpenSecrets, chart from Tradingview.com
