More Repubs Than Dems Returned Sam Bankman-Fried Donations

More current and former Republican lawmakers have returned campaign contributions from FTX founder Sam Bankman-Fried made during the 2022 election cycle compared to Democrats, according to federal election data reviewed by Just the News.

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Prosecutors charged that Bankman-Fried defrauded his cryptocurrency customers of approximately $8 billion. He was found guilty during a trial in New York on two counts of conspiracy and five counts of fraud. FTX, founded by Bankman-Fried, spent heavily on the 2022 midterm elections.

CBS News reported that he made about $40 million in political donations in the 2022 election cycle. That report said that public records of Bankman-Fried’s money show it primarily went to support Democratic committees and candidates, donating $6 million to the House Majority PAC, the main outside group supporting House Democrats, and gave $250,000 to the Democratic Congressional Campaign Committee and $66,500 to the Democratic Senatorial Campaign Committee.

[Well, goll dang, I’d sure hope so. ~ Beege]

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