Former FTX CEO Sam Bankman-Fried and his cofounders donated over $300,000 to nine lawmakers who are now investigating the company for wrongdoing.
$300,351 to nine members of the House Financial Services Committee; the largest donations were to members of the Digital Assets Working Group, which is working on cryptocurrency regulation.earlier this week that the committee would investigate any wrongdoing by Bankman-Fried and FTX.Although Bankman-Fried has donated to Republicans, 95 percent of the donations went to Democrats and Democrat campaign committees.
Bankman-Fried’s PAC, Protect Our Future PAC, spent $199,851 backing Garcia. The disgraced CEO and his brother, Gabriel, gave $40,300 to Rep. Ritchie Torres’s campaign and two of his political committees, the Torres Victory Fund and La Bamba PAC. Bankman-Fried and his head of the regulatory division gave $16,600 to Rep. Josh Gottheimer . Other Bankman-Fried employees gave $500 to Rep. Jim Himes , and $9,100 to Rep. Sean Caster .Bankman-Fried also gave $11,600 to Rep.
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