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December 16, 2022 at 1:52 pm

130 Members Accepted Campaign Donations from Sam Bankman-Fried’s FTX…Those Funds Appear to Be Stolen from Investors…

Sam_Bankman_Fried_Arrest_Bahamas
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by Morgan Phillips at Daily Mail

  • Lawmakers from both parties are washing their hands of donations from disgraced crypto king Sam Bankman-Fried amid arrest in Bahamas on Tuesday
  • Just months ago, Bankman-Fried was touted as the next George Soros, second only to the famed liberal donor in contributions to Democrats in 2022 
  • Prosecutors now claim Bankman-Fried tried to bilk investors out of more than $1.8 billion and used customer funds to make illegal political donations 
  • Bankman-Fried publicly donated some $46.5 million in the 2022 election cycle, with all but about $240,000 going to Democrats
  • He says he donated an almost equal amount to Republicans but did so through dark money channels so reporters wouldn’t ‘freak the f*** out’  

Lawmakers from both parties are washing their hands of donations from disgraced crypto king Sam Bankman-Fried amid his arrest in the Bahamas on Tuesday.

Just months ago, Bankman-Fried was touted as the next George Soros, second only to the famed liberal donor in contributions to Democrats in 2022.

The 30-year-old founder of crypto exchange FTX now faces eight charges for financial crimes, including campaign finance violation, conspiracy and wire fraud.

Prosecutors now claim Bankman-Fried tried to bilk investors out of more than $1.8 billion and used customer funds to make illegal political donations to 52 Republicans, 10 Democrats, 50 Democrat-affiliated groups, three nonpartisan and three conservative groups.

While Bankman-Fried’s donations filed with the FEC skew heavily Democratic,…

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