{"id":42750,"date":"2023-07-31T18:03:23","date_gmt":"2023-07-31T22:03:23","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/rep-george-santos-tried-to-broker-cryptocurrency-deal-with-donor-during-congressional-campaign\/"},"modified":"2023-07-31T18:03:25","modified_gmt":"2023-07-31T22:03:25","slug":"rep-george-santos-tried-to-broker-cryptocurrency-deal-with-donor-during-congressional-campaign","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=42750","title":{"rendered":"Rep. George Santos Tried to Broker Cryptocurrency Deal with Donor During Congressional Campaign"},"content":{"rendered":"<div>\n<p>US Republican Congressman George Santos attempted to set up a crypto-related investment deal with a donor during an election campaign in 2020, according to a recent New York Times report.<\/p>\n<p>The crypto investment scheme was pitched to a loyal Republican donor during Santos\u2019 first Congressional election campaign, which eventually turned out unsuccessful, the report explained.<\/p>\n<p>As part of the scheme, Santos and three of his associates claimed that a wealthy Polish investor wanted to buy crypto, but that he faced a problem when his bank account was frozen.<\/p>\n<p>Santos, who represents New York\u2019s 3rd congressional district, then asked the donor to set up an LLC \u2013 a limited liability company \u2013 which he claimed would somehow be needed to regain access to the investor\u2019s frozen money.<\/p>\n<p>According to the donor, however, the plan, which he likened to a \u201cNigerian prince\u201d email scam, made no sense.<\/p>\n<p>He added that the deal did not move forward when he asked for changes to be made in a non-disclosure agreement (NDA) he was presented with and asked to sign.<\/p>\n<h2>Long history of questionable endeavors<\/h2>\n<p>George Santos is infamous in Congress for his many questionable endeavors in the past, and he has also been caught lying and making up false stories about himself on a number of occasions.<\/p>\n<p>Shortly after Santos\u2019 election, several media outlets reported that large parts of his self-published biography appeared to be fabricated, and that this included claims about his education, family background, and financial situation.<\/p>\n<p>Santos been charged with 13 felonies for a variety of things, including misrepresenting earnings, fraudulently collecting unemployment benefits, and siphoning funds from political donors for personal expenses.<\/p>\n<p>He has pleaded not guilty to all charges.<\/p>\n<p>Santos successfully won a seat in Congress in 2022, and has served as a member of the House of Representatives since January 2023.<\/p>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/rep-george-santos-tried-broker-cryptocurrency-deal-with-donor-during-congressional-campaign.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Republican Congressman George Santos attempted to set up a crypto-related investment deal with a donor during an election campaign in 2020, according to a recent New York Times report. The crypto investment scheme was pitched to a loyal Republican donor during Santos\u2019 first Congressional election campaign, which eventually turned out unsuccessful, the report explained. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":42751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-42750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rep. George Santos Tried to Broker Cryptocurrency Deal with Donor During Congressional Campaign | iFintechWorld<\/title>\n<meta name=\"description\" content=\"US Republican Congressman George Santos attempted to set up a crypto-related investment deal with a donor during an election campaign in 2020, according\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=42750\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rep. George Santos Tried to Broker Cryptocurrency Deal with Donor During Congressional Campaign | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"US Republican Congressman George Santos attempted to set up a crypto-related investment deal with a donor during an election campaign in 2020, according\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=42750\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-31T22:03:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-31T22:03:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/us-congress.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=42750#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=42750\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Rep. 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