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A comment on Bankman-Fried used $100M in stolen FTX funds for political donations, US says. Parent comment

Re:Bankman-Fried used $100M in stolen FTX funds for politica... by markdown on Monday August 14, 2023 @10:03PM (#37129287)
Called a right in the US, but when it happens somewhere else, particularly in developing nations, it's called bribery and the govt and politicians called corrupt.
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Re:Bankman-Fried used $100M in stolen FTX funds for politica... by threeseed on Monday August 14, 2023 @10:28PM (#37129460)
No the two are seperate concerns.

Lobbying/donations are a fundamental part of governance in almost all countries.

Bribery is illegal in almost all countries but enforcement is mixed.

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Re:Bankman-Fried used $100M in stolen FTX funds for politica... by markdown on Tuesday August 15, 2023 @02:23AM (#37130830)
That's the illusion you've been sold. Semantics.

You give someone with political power money in order to buy their support and/or influence the way they spend government money/efforts. That's what bribery is. That's what lobbying is.

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Re:Bankman-Fried used $100M in stolen FTX funds for politica... by kemotep on Tuesday August 15, 2023 @03:23AM (#37131177)
John Stewart advocating for 9/11 first responders or you calling your Senator to tell them to support or oppose a bill would then be called what?

That technically would be lobbying but you define that was also bribery.

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Re:Bankman-Fried used $100M in stolen FTX funds for politica... by markdown on Tuesday August 15, 2023 @04:44AM (#37131593)
> John Stewart advocating for 9/11 first responders or you calling your Senator to tell them to support or oppose a bill would then be called what?

That's lobbying.

Jon Stewart supporting politician X with $1M for his re-election campaign in exchange for a 9/11 bill... that would be bribery. But in the US, this bribery is called lobbying.

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