Re:Bankman-Fried used $100M in stolen FTX funds for politica...
by foxyv on Tuesday August 15, 2023 @04:02PM
(#37138633)
You can bribe a corrupt official or politician for a short period. However, unless you can blackmail or continue supporting them, they won't continue to stay bribed. Once FTX went bankrupt they lost their limited immunity to political consequences. They were too clumsy to engage in the sophisticated schemes used by other lobbyists and PACs to ensure that politicians stay "bribed."
If you want to see how a criminal organization can truly become legitimized through corruption of political structures, Uber is a great example. They managed to create a decentralized illegal Taxi company in the most public manner possible.
If you want to see how a criminal organization can truly become legitimized through corruption of political structures, Uber is a great example. They managed to create a decentralized illegal Taxi company in the most public manner possible.
https://www.theguardian.com/news/2022/jul/10/uber-files-leak...