John Deaton Calls Out SBF, Alleges Special Treatment From Biden’s Government
The post John Deaton Calls Out SBF, Alleges Special Treatment From Biden’s Government appeared on BitcoinEthereumNews.com.
John Deaton has often complained about the preferential treatment that the founder of the defunct FTX exchange, Sam Bankman-Fried (SBF), has received. During a recent conversation, Deaton stated that SBF, who is the head of an offshore exchange that was involved in a controversy, got access to the US regulators as well as the politicians in an unusual manner. Deaton also noted that Sam Bankman-Fried got preferential treatment because he donated money to the Biden administration and had close contacts with the officials. John Deaton Comes For Sam Bankman-Fried In a recent post on X, John Deaton reiterated his stance that Sam Bankman-Fried (SBF) enjoyed unprecedented access to U.S. regulators despite heading an offshore crypto exchange. Deaton points out that SBF’s political donations played a role in securing this preferential treatment. Bankman-Fried’s total political donations amounted to $72 million, with $10 million going to the current administration. This has fueled speculation of potential regulatory favoritism. Deaton highlights a series of meetings that SBF had with key figures, including SEC Chairman Gary Gensler. According to Deaton, while Gensler met with Bankman-Fried on at least two occasions, the SEC chair refused to meet with U.S.-based crypto executives, including Coinbase CEO Brian Armstrong. The XRP lawyer suggests that this discrepancy raises questions about why the SEC was willing to engage only with Sam Bankman-Fried (SBF). He argues that this selective engagement warrants further scrutiny. Moreover, Deaton urged the Trump administration to investigate these allegations stating, “One way to end all the speculation and rumors related to SBF is to release all correspondence and meeting notes related to him.” Tagging Donald Trump, Musk, and Vivek Ramaswamy, the XRP lawyer added, “Please assign me to lead the investigation into this and/or Chokepoint 2.0. I’ll do it for free and save the taxpayers money.” Sam Bankman-Fried’s…
Filed under: News - @ November 30, 2024 8:13 pm