SBF sentencing live updates: FTX founder says he made 'selfish decisions' at failed crypto exchange
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Watch Daily: Monday - Friday, 3 PM ET
Watch Daily: Monday - Friday, 3 PM ET
Fresh from spending more than $10 million to help defeat Representative Katie Porter, a progressive Democrat, in California’s open Senate race, the crypto industry’s big new super PAC has identified its next political targets for this fall. Atop the list are two races featuring the most endangered Democrats up for re-election, in Ohio and Montana.
John Deaton, a Republican cryptocurrency attorney who announced he was challenging Sen. Elizabeth Warren (D-Mass.) on Tuesday, repeatedly used a racial slur in a memoir published last fall while recounting his impoverished Detroit upbringing.
The biggest name and the biggest spender of crypto money in the 2022 election cycle is now awaiting his prison sentence for fraud and conspiracy. But new super PACs have sprouted up as the successors to the collapsed Sam Bankman-Fried empire, and they are making their first big bet of the 2024 election cycle: trying to crush Representative Katie Porter, a Democrat running in next month’s California Senate primary.
A Colorado pastor who convinced his followers to buy millions of dollars worth of a cryptocurrency called “INDXcoin” allegedly stole $1.3 million of the proceeds, which he spent on a Range Rover, lavish vacations, luxury goods and a home remodel that he claims was ordained by God.