Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, made over $40 million in political donations in the 2022 election cycle, according to a CBS News review of Federal Elections Commission (FEC) campaign finance data. One federal charge levied against Bankman-Fried alleges that he and allies made political donations under other people's names, which would be a campaign finance violation. FTX's official PAC, "West Realm Shire Services,"
gave $1 million to Senate Minority Leader Mitch McConnell's Senate Leadership Fund, as well as $750,000 to House Minority Leader Kevin McCarthy's Congressional Leadership Fund. Bankman-Fried has claimed that he gave just as much in dark money to the GOP as he did in registered giving to Democrats, but the details of that dark money still haven't come to light.
Uhh … What’s Going to Happen to All That Money Sam Bankman-Fried Gave Politicians?
POLITICS Sam Bankman-Fried donated over $40 million in the 2022 election cycle. Where did it go?
Got it. Records do not support claim but hearsay does so, so of course, we should believe the hearsay and not the records.