By Wednesday, the field of politicians fighting for spots in Congress will narrow considerably. In the election cycle two years ago, industry donations focused largely on sure-thing candidates. But because such a large share of donations came from the leaders of defunct exchange FTX and its disgraced founder, Sam Bankman-Fried, one third of the current Congress had to deal with the sting of trying to explain or back out of those campaign contributions.

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Author: Jesse Hamilton

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