💰 FTX's Bankman-Fried donated about $40M this political cycle. Here's who benefited.

TL;DR

Sam Bankman-Fried, the disgraced founder of the cryptocurrency exchange FTX, was a prolific political donor, pumping about $40 million this cycle alone into campaign committees and other groups, mostly aligned with Democrats, federal records show.Bankman-Fried also provided 95 percent of funds for Protect Our Future, a fledgling Democratic-aligned super PAC that supported a wide range of candidates and causes.Bankman-Fried has acknowledged in interviews over the past several weeks that the philanthropy undertaken by companies, including his own, is often designed to elicit good PR.This analysis counts contributions and refunds from and to federal political committees disclosed as given or received by Bankman-Fried in reports filed with the FEC since 2020.This excludes contributions to joint fundraising and conduit committees to avoid counting the money again when those contributions were later transferred to campaigns and parties."

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