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Beleaguered Crypto Billionaire Was Hobnobbing at White House Just Six Months Ago

By Chuck Ross and Andrew Kerr

Sam Bankman-Fried is under investigation for mishandling customer deposits as his company implodes

A cryptocurrency billionaire facing federal investigation for mishandling customer funds had high-level White House meetings just months ago, as Congress was debating how to regulate his company—and just weeks before he pledged to donate up to $1 billion to Democrats ahead of the midterm campaign.

Sam Bankman-Fried, the owner of cryptocurrency exchange FTX, met on April 22 and May 12 with top Biden adviser Steve Ricchetti, according to White House visitor logs reviewed by the Washington Free Beacon. At the time, FTX was lobbying Congress and federal agencies to shape regulation of the crypto industry…

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