News about John Boozman

The fraudster's political aspirations were hoping that his crypto swindle would make him 'highly influential,' but his FTX aspirations came to a halt with the demise of his FTX empire

www.dailymail.co.uk, March 28, 2024
Sam Bankman-Fried was politically savvy, leveraging donations to 'gain clout' for both groups and planning a career in which he believed he had a 'five percent chance of being president.' All of it came down in December 2022 after his multi-billion dollar crypto exchange collapsed, and he was arrested in the Bahamas and charged with campaign finance theft and fraud. In addition, he paid out $27 million to Protect Our Future PAC, a group supporting pandemic readiness, and $6 million to the Future Forward PAC in 2020, which funded Biden's presidential bid in 2020.

Dusty Johnson, a Republican who was on food stamps as a child, wants stricter disability legislation

www.dailymail.co.uk, March 21, 2023
'It's a mental issue, not at all budgetary savings,' he told DailyMail.com during a sit-down interview at the House GOP issues retreat in Orlando, Florida, I would happily do this to gain their help.' Johnson grew up in central South Dakota with a family that depended on SNAP assistance.

Maxwell Frost, a neopolitan politician, says he's giving a gift from Sam Bankman-Fried to charity

www.dailymail.co.uk, December 15, 2022
Frost also revealed that his bid for Florida's 10th congressional District was also funded by Bankman-Fried's money by a pro-Welch group named Protect Our Future. Democrat Frost, a 25-year-old Democrat, is the first member of Gen Z to be elected to Congress. He's also one of the new and incumbent lawmakers on both directions of the aisle who have profited from Bankman-Fried's money. It comes after the demise of the 30-year-old's multibillion dollar cryptocurrency business FTX shocked the financial world and resulted in client losses of $10 billion. Bankman-Fried was arrested in the Bahamas earlier this week and is expected to be extradited to the United States.

FTX Co-CEO Ryan Salame announced a whistle blow on Sam Bankman-Fried, a British banker, to authorities

www.dailymail.co.uk, December 15, 2022
According to new court records from the Bahamas, Sam Bankman-Fried's leadership of FTX screamed for his financial misdeeds to authorities in the final days of his Sam Bankman-Fried's reign. After being refused bail, Bankman-Fried, 30, was arrested in the Bahamas on Monday at the United States government's behest and remains in jail. He has been charged with eight criminal offences, ranging from wire fraud to money laundering to conspiracy to fraud commitee. If convicted of all the allegations, Bankman-Fried could face decades in prison. According to the news, Ryan Salame, 29, the co-CEO of FTX's Bahamas operation, told authorities on the island that the FTX was using customer funds to compensate losses incurred at Alameda Research, the hedge fund set up by Bankman-Fried's girlfriend Caroline Ellison, was the cause of the financial scandal.