According to Decrypt, White House press secretary Karine Jean-Pierre said that all meetings between FTX founder Sam Bankman-Fried (SBF) and White House officials were mainly focused on SBF's non-profit pandemic preparedness plan, and may also be related to cryptocurrencies. Regarding "general information" on the industry and cryptocurrency exchanges, "the White House regularly engages with officials from a wide range of industries and sectors, including business and labor and nonprofit leaders." Foresight News previously reported that Bloomberg reported that the SBF had at least four meetings with senior White House officials in 2022, including a Sept. 8, 2022 meeting with Steve Ricchetti, one of Biden's top advisers.