Sam Bankman-Fried, FTX allies secretly poured $50 million into 'dark money' groups, evidence shows
Publishing timestamp: 2023-10-20 09:09:43
Summary
Former crypto king Sam Bankman-Fried and his allies donated $50 million to politically active nonprofit groups that do not disclose their donors during the 2022 election cycle. The donations went to groups linked to Senate leaders Mitch McConnell and Chuck Schumer, as well as other lawmakers. Bankman-Fried is currently on trial for federal fraud charges and allegedly using FTX customer funds for political giving.
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Keywords: mitch mcconnell, collusion, elections, breaking news: politics, business news, bridgewater bancshares inc, securities fraud, sam bankman-fried, trials, cryptocurrency, campaigns, political action committees, laws, charles schumer, government and politics, cryptocurrency exchanges, campaign finance, corruption, courts, politics, crime,
Source: https://www.cnbc.com/2023/10/20/sam-bankman-fried-ftx-allies-donated-millions-in-dark-money.html