Gemini co-founder Cameron Winklevoss has called for an investigation into the dropping of charges against FTX co-founder Sam Bankman-Fried (SBF) regarding a $100 million campaign finance breach. Winklevoss wants to know why the charges were dropped and why the funds went to fund Democrat elections.
This has sparked reactions among crypto stakeholders, as people expect the justice system to fully investigate financial crimes that could have impacted political decisions or outcomes. However, while SBF is serving a 25-year jail sentence, other FTX executives received leniency in their sentences.
FTX’s bankruptcy has led to the loss of over $8 billion in customer funds, and the company is now working on its recognition plan.