Lol: KJP says that Sam Bankman-Fried was at the Meetings “Discuss Pandemic Prevention”
Karine Jean-Pierre said reporters that White House officials met with Sam Bankman Fried a few times to discuss crypto exchanges and pandemic prevention issues.
White House visitor logs Last week, White House officials met Sam Bankman-Fried (founder of FTX), and, according to Karine Jean Pierre, the meetings were focused upon pandemic prevention.
Jean-Pierre was questioned about the meetings that took places over the course last year during a White House press conference on Tuesday.
Sam Bankman-Fried (C), former chief executive of FTX, arrives in Manhattan to plead guilty before US District Judge Lewis Kaplan, New York, on January 3, 2023. Bankman-Fried facing criminal fraud charges in connection to the collapse of hi (Photo by ED JONES/AFP via Getty Images / Getty Images
She informed the reporter that White House counselor Steve Ricchetti, and deputy chief of staff Bruce Reed were present at the meetings.
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“The meetings focused on pandemic prevention related to Sam Bankman-Fried’s foundation, and general information on the crypto industry and crypto exchanges,” Jean-Pierre said.
Jean-Pierre then turned her attention to how the Biden administration made it clear that Congress must act. when discussing cryptocurrency.
Karine Jean-Pierre, White House Press secretary, speaks to reporters at the daily news conference held in the Brady Press Briefing Room of the White House on September 28, 20,22 in Washington DC. (Chip Somodevilla/Getty Images / Getty Images)
“The president, as you know, released an executive order on this topic just last March, and the president release a framework for protecting consumers last fall and last November,” She spoke. “Secretary [Janet] Yellen renewed this administration’s call for Congress to take action.”
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Jean-Pierre then reiterated that the meeting in last week’s log, though, focused on pandemic prevention-related issues, cryptocurrency, and exchanges.
She was also asked what Biden’s view on whether Democrat or Democrat-aligned groups should consider returning donations from Bankman-Fried.
Jean-Pierre stated previously that she couldn’t comment on the matter. Today was no exception.
Sam Bankman Fried, founder of FTX is facing a slew if legal repercussions regarding his involvement with the collapse of FTX. He is facing several federal charges in connection to an alleged scheme of defrauding customers. (Jeenah moon/Bloomberg via Getty Images/ Getty Images
“That is still the case,” She spoke of her past comments. “I don’t have anything to share or any change of my comments that I’ve made before on this.”
Officials said that Bankman Fried is being accused of defrauding investors and customers to fund a luxurious lifestyle. Federal prosecutors stated that Bankman-Fried diverted customers’ money in order to pay for expenses, debts, and risky trades. crypto hedge fundAlameda Research also made extravagant purchases and illegal campaign contributions, without informing his customers, according a 13-page indictment.
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He pleaded guilty on Tuesday to eight criminal charges in a Manhattan federal courtThese included wire fraud, money laundering, and conspiracy to commit fraud.
CryptoLaw founder Sam Bankman Fried, disgraced founder and founder of FTX, shares his thoughts on CryptoLaw. He pleads guilty to the charges related to ‘Making Money.
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