In 2022, it was hard to walk around Washington without seeing Sam Bankman-Fried's face...he was shuttling from Nassau to Washington, D.C., every week or two to meet with lawmakers and regulators, making a power play for the nation's capital.
After FTX's crash, theories would fly about Sam's larger designs on Washington...he stumped for a friendlier regulatory climate for crypto companies in the U.S., so that he could sell more crypto products to Americans.
Sam's approach to Washington was two-pronged. The first was a charm offensive, involving high-profile hearing appearances and closed-door meetings with members of Congress and regulatory officials. The second was a donations blitzkrieg for crypto-friendly candidates.
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