An extensive list of donations made by FTX associates became public during the criminal trial of FTX founder Sam Bankman-Fried on Oct. 17.
Bankman-Fried’s own donation list details more than $133 million in spending, primarily made up of $119 million in political donations.
The list includes a number of recognizable politicians or their campaigns. Republican senator and former presidential nominee Mitt Romney notably received $5,800 from Bankman-Fried, while Democratic senator Cory Booker received $5,700. Dozens of other politicians received comparable amounts from the FTX founder.
Bankman-Fried’s largest donations, however, went to political groups and political action committees, or PACs, which are subject to fewer restrictions and limits on donations than political candidates. These groups, which included such names as Protect Our Future, One Nation, House Majority PAC, Majority Forward, Future Now, Building a Stronger Future, and others, collectively received tens of millions of dollars.
Gifts to family and friends
Recorded donations also include transfers between family members. One of the list’s largest single transfers is a $10 million gift from Sam Bankman-Fried to his father, Joseph Bankman — a fact that surfaced in other reports around September.
Another entry shows that Sam Bankman-Fried sent $2 million to his brother, Gabriel Bankman-Fried. Furthermore, Bankman-Fried donated $17.5 million to Guarding Against Pandemics (GAP), a group co-founded and formerly headed by Gabe Bankman-Fried.
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Author: Mike Dalton
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