Here Are The Democrats And Republicans Who Received Campaign Cash Linked To Bankrupt Crypto Empire FTX

Posted on AllSides November 15th, 2022
From The Right
Jim Watson, Ting Shen/Bloomberg, Anna Moneymaker via Getty Images

Democrats heavily benefited from the campaign contributions of disgraced cryptocurrency billionaire and FTX CEO Sam Bankman-Fried, while other affiliates of the company likewise helped Republicans ahead of the company’s failure last week.

FTX filed for bankruptcy on Friday after users discovered that firms controlled by Bankman-Fried were allegedly fraudulently intertwined, causing him to lose his fortune overnight. The young multibillionaire contributed nearly $39 million during the recent midterm elections, with 99.6% of funds benefiting Democratic candidates, according to data from Open Secrets, which listed him as the nation’s sixth-largest individual midterm donor.

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.dailywire.com/news/here-are-the-democrats-and-republicans-who-received-campaign-cash-linked-to-bankrupt-crypto-empire-ftx

More News about Campaign Finance from the Left, Center and Right

From the Left

From the Center

From the Right