Image Not FoundImage Not Found

  • Home
  • Business
  • FTX billionaire Sam Bankman-Fried funneled dark money to Republicans
ftx-billionaire-sam-bankman-fried-funneled-dark-money-to-republicans

FTX billionaire Sam Bankman-Fried funneled dark money to Republicans

Sam Bankman-Fried was the second-largest donor to Democratic politicians in the last election cycle. But in a new interview, he said he gave equally large amounts of money to Republicans. The revelation comes as a political battle over the collapse of FTX is shaping up in Washington. The Senate will hold the first in what is expected to be a series of hearings into FTX’s collapse this Thursday. The Republican senator Ted Cruz has called FTX “a Bernie Madoff style fraud that cost investors BILLIONS” The FTX founder gave more than $990,000 to candidates in last year’S election cycle and another $38.8m to outside groups. The FTx US operation gave equally to both parties. . . .

Read more at www.theguardian.com