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S.B.F. Informants & A Strange DeSantis Bedfellow

New details on the subpoenas and next cards to flip in the FTX campaign-finance case. Plus, why Reid Hoffman might be offering some unlikely assistance to DeSantis.

At a high level, Reid Hoffman doesn’t view the Florida governor as an existential threat to democracy, unlike Trump, and believes he may even have the ability to successfully govern.
At a high level, Reid Hoffman doesn’t view the Florida governor as an existential threat to democracy, unlike Trump, and believes he may even have the ability to successfully govern. Photo: Steve Jennings/Getty Images for TechCrunch
Theodore Schleifer
March 21, 2023

Who knew what, and when? In the aftermath of FTX cofounder Nishad Singh’s guilty plea, the haze of paranoia surrounding Sam Bankman-Fried’s former associates has narrowed to that simple question. Last month, with Singh’s cooperation, federal prosecutors unveiled new details of S.B.F.’s alleged straw-donor scheme, depicting a sophisticated and highly choreographed endeavor wherein Bankman-Fried effectively embezzled tens of millions of dollars in customer deposits to Singh and another FTX executive, co-C.E.O. Ryan Salame, to make political contributions in their names. Is it really possible that not a single person who handled political donations for the three crypto billionaires knew anything about it?