Key Words: Sam Bankman-Fried, a Democratic megadonor, claims he gave just as much money to Republicans

‘I donated about the same amount to both parties this year.’


— FTX founder Sam Bankman-Fried

That line came from Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, who spoke with Tiffany Fong, a YouTube content creator focused on the crypto space, about his political giving as well as FTX’s collapse.

Bankman-Fried, known for being a Democratic megadonor during the 2022 midterm elections, said his donations to Republicans were “dark-money” contributions, using a term that refers to the secret political spending allowed by the Supreme Court’s 2010 Citizens United ruling.

This post was originally published on Market Watch

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