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Secret Backchannel Between White House and FTX Operative Revealed, Raises Serious Questions About Biden Involvement

Sam Bankman-Fried, the man at the center of the FTX scandal, is back on US soil after having been extradited from the Bahamas to face federal charges. Naturally, because our justice system is about as coherent as a two-year-old quoting Shakespeare, the notorious fraudster was immediately granted bail and is now spending the holidays with his family. The American oligarchy is alive and well.

But I digress, there’s a lot more to the FTX scandal than just Bankman-Fried’s fate, and one of the more interesting aspects of the entire ordeal is just how close many Democrats were to him. In fact, according to Politico, a Democrat operative and close advisor to Bankman-Fried named Sean McElwee had a direct backchannel setup with the White House.

That slack channel, which reportedly contained ongoing conversations between McElwee and administration officials (as well as “well-known reporters”) was promptly shut down when Bankman-Fried resigned as CEO. Moreover, McElwee is also a co-founder of Data for Progress and only began negotiating his exit from the organization after FTX collapsed in on itself. If everything was above board, then why would Data for Progress feel the need to cut ties so quickly?

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