An indictment filed by the Southern District of New York (SDNY) alleged that the arrested FTX founder Sam Bankman-Fried made political donations in the name of other persons.
Sam Bankman-Fried (SBF) was arrested by the Bahamas authority on Dec. 12 and set to face trials in the U.S. for crimes including money laundering and wired fraud.
The FTX founder and his unnamed accomplices allegedly donated over $25,000 to U.S. politicians.
The FTX founder had earlier acknowledged in a Nov. 5 tweet that he was a significant donor to the political efforts of many U.S. politicians.
1) I was a significant donor in both D and R primaries.
Supporting constructive candidates across the aisle to prevent pandemics and bring a bipartisan climate to DC.
And working with them to support permissionless finance.
— SBF (@SBF_FTX) November 5, 2022
SBF added that his donations were to Democrat and Republican politicians alike. However, all his “Republican donations were dark” to avoid media backlash.
Sam Bankman-Fried’s FTX empire was named as the third-largest donor in the U.S. midterm election.
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