{"id":286333,"date":"2023-03-01T06:39:25","date_gmt":"2023-03-01T12:39:25","guid":{"rendered":"https:\/\/www.liveaction.org\/news\/?p=286333"},"modified":"2023-02-28T21:59:43","modified_gmt":"2023-03-01T03:59:43","slug":"vox-crypto-fraudster-michigan-abortion-initiative","status":"publish","type":"post","link":"https:\/\/archive.liveaction.org\/news\/vox-crypto-fraudster-michigan-abortion-initiative\/","title":{"rendered":"Vox reports crypto fraudster bankrolled Michigan pro-abortion ballot initiative"},"content":{"rendered":"
<\/div>

(Secular Pro-Life<\/a>)\u00a0Sam Bankman-Fried, infamous for his role in the collapse of FTX<\/a> that caused huge losses for cryptocurrency investors, already faced numerous fraud and conspiracy charges for stealing from customers. Now federal prosecutors in New York have indicted Bankman-Fried<\/a> for making unlawful political donations. The alleged scheme involved \u201csiphon[ing] off FTX\u2019s customer funds and deploy[ing] them for political causes\u201d using shell donors.<\/p>\n

Vox <\/em>reporter Andrew Prokop identifies one of those shell donors<\/a> as Nishad Singh, a former FTX executive who plans to plead guilty<\/a> to fraud. Per Vox<\/em>:<\/p>\n

In 2022, Singh\u2019s donations included $4 million to Reproductive Freedom for All<\/a>, a group supporting an abortion rights ballot initiative<\/a> in Michigan; $2.25 million to Women Vote!<\/a>, the independent expenditure arm of Emily\u2019s List, a group supporting pro-abortion-rights women candidates; and $1.1 million to the LGBTQ Victory Fund, money used to support<\/a> Becca Balint\u2019s winning Democratic primary bid for Vermont\u2019s congressional seat.<\/em><\/p>\n

Michigan\u2019s disastrous pro-abortion ballot initiative eliminated informed consent, parental consent for minors, the state ban on barbaric partial-birth abortions, and the requirement that only doctors perform abortions. That $4 million contribution, made with stolen funds and in violation of federal election laws, constituted 8.8% of the campaign\u2019s budget<\/a>.<\/p>\n

\"Walgreens<\/a><\/p>\n

Would the ballot initiative have passed in the absence of this fraud? We will never know, but Sam Bankman-Fried and Nishad Singh may be personally responsible for the deaths of countless unborn children \u2014 a far worse stain on their consciences than their financial misconduct.<\/p>\n

Vox <\/em>notes that Bankman-Fried tried to play both sides of the aisle with a \u201cconservative\u201d straw donor, Ryan Salame, but he did not make countervailing donations to pro-life causes. Instead Salame funded<\/a> Republican committees, fiscally conservative PACs, and GOP candidates including Salame\u2019s girlfriend (who lost her primary). This follows a troubling national pattern<\/a> in which high-income oligarchs tend to support abortion while low- and middle-income working Americans tend to oppose it, making it easy for the abortion industry to outspend us.<\/p>\n

Editor’s Note: This article was published at Secular Pro-Life<\/a> and is reprinted here with permission.<\/em><\/p>\n

Did you know that as little as $10 a month is enough to reach more than 3,000 people with the truth about abortion that no one else is telling them? Click here to start saving lives 365 days a year.<\/strong><\/i><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Secular Pro-Life)\u00a0Sam Bankman-Fried, infamous for his role in the collapse of FTX that caused huge losses for cryptocurrency investors, already faced numerous fraud and conspiracy charges for stealing from customers. Now federal prosecutors in New York have indicted Bankman-Fried for making unlawful political donations. The alleged scheme involved \u201csiphon[ing] off FTX\u2019s customer funds and deploy[ing] […]<\/p>\n","protected":false},"author":501,"featured_media":286340,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false},"categories":[7077],"tags":[],"yoast_head":"\nVox reports crypto fraudster bankrolled Michigan pro-abortion ballot initiative<\/title>\n<meta name=\"description\" content=\"Sam Bankman-Fried and Nishad Singh may be personally responsible for the deaths of countless unborn children \u2014 a far worse stain than financial misconduct.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/archive.liveaction.org\/news\/vox-crypto-fraudster-michigan-abortion-initiative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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