This Is Where Bankrupt FTX’s Money Went: $74 Million for Caribbean Real Estate; $59 Million to Politicians; Tens of Millions to Big Law, Celebrity Endorsements…

This Is Where Bankrupt FTX’s Money Went: $74 Million for Caribbean Real Estate; $59 Million to Politicians; Tens of Millions to Big Law, Celebrity Endorsements…

According to data at the Federal Election Commission, Bankman-Fried sluiced $36 million on the campaign coffers of Democrats during the latest campaign cycle. Ryan Salame, the Co-CEO of FTX Digital Markets, the Bahamian subsidiary of FTX, dumped $23 million into the campaign coffers of Republicans and a Super PAC he created to support them, American Dream Federal Action.

S.4760 was introduced by a Democrat and has both Democratic and Republican cosponsors. S.4356 was introduced by a Republican and has one Democratic cosponsor. FTX Digital Markets’ (Bahamian subsidiary of FTX) Co-CEO donated to Republicans, but all we’re hearing about is Sam Bankman-Fried’s donations to Democrats.

Screenshot from OpenSecrets
Screenshot from Ecosia search results