S.B.F.’s Unsolved Dark-Money Mysteries

Since last November, any exposure to Sam or his money has been like a scarlet letter, forcing nearly all of his political aides to lawyer up and play defense against federal investigations—and FTX itself.
Since last November, any exposure to Sam or his money has been like a scarlet letter, forcing nearly all of his political aides to lawyer up and play defense against federal investigations—and FTX itself. Photo: Michael M. Santiago/Getty Images
Theodore Schleifer
February 14, 2023

There used to be a joke I’d hear around Washington, that everyone in town with an ounce of ambition was, in some way or another, on the payroll of Sam Bankman-Fried. And if you hadn’t figured out how to get on the gravy train, well, that was on you. Like all good jokes, there was more than a kernel of truth to all of it: I’ve covered the S.B.F. political machine as closely as anyone over the last few years, and I still encounter new names of lobbyists who were secretly on Sam’s retainer, of data savants who found a way into D.C.’s greatest donor-fueled growth industry, and amazingly, nonprofits that were moving millions of FTX-connected dollars without a scintilla of public knowledge.