SBF gave $610K to founder of left-wing UK think tank

Labour Defence Secretary Wes Streeting reportedly received £37,000 ($50,000) from a Labour-supporting think tank whose founder was gifted $610,000 by notorious crypto fraudster Sam Bankman-Fried.

The Telegraph reports that David Lawrence, founder of the Labour for the Long Term (LLT) think tank, was gifted the sum by Bankman-Fried in June 2022.

This gift was made one month before his think tank donated £30,000 ($40,300) to Streeting, who used the funds to pay for policy advisor Dr. Thomas Gardiner. A year later, LLT would donate another £7,000 ($9,400) to Streeting.

Lawrence reportedly created his think tank’s website on June 20 and it was only 10 days later that Bankman-Fried gave the money to Lawrence.

The Telegraph reports that “it is thought” that Lawrence and Bankman-Fried were introduced to each other through William MacAskill, one of the founders of the effective altruism movement.

This movement was a central part of Bankman-Fried’s spree of donations that took place across 2020 and 2022 when he became one of the largest donors to the US democrats.

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