Bankman-Fried and another FTX executive gave the vast majority of donations received by a group that gave exclusively to Democrats
Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, was a major contributor to Democratic candidates during the midterm election cycle, funneling most of his donations through a little-known political action committee (PAC).
Overall, in 2021 and 2022, Bankman-Fried donated approximately $38 million to various candidates and PACs, mainly giving his cash to Democratic candidates and left-wing groups, according to Federal Election Commission filings (FEC). The majority of his political givings, though, went to the Protect Our Future PAC, a group founded in January that is dedicated to boosting candidates committed to preventing future pandemics.
Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, was a major contributor to Democratic candidates during the midterm election cycle, funneling most of his donations through a little-known political action committee (PAC).
Overall, in 2021 and 2022, Bankman-Fried donated approximately $38 million to various candidates and PACs, mainly giving his cash to Democratic candidates and left-wing groups, according to Federal Election Commission filings (FEC). The majority of his political givings, though, went to the Protect Our Future PAC, a group founded in January that is dedicated to boosting candidates committed to preventing future pandemics.
Here are the Dems who benefited from the left-wing PAC that FTX funneled $27M through
Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, wired a whopping $27 million to a little-known group that funded a variety of Democratic candidates.
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