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High-up FTX Executives Injected $57 Million Into Democrat Coffers, $22 Million Went to Republican Candidates

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During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than $40 million to Democrats via super PACs and direct contributions. Furthermore, reports also claim that FTX Digital Markets’ co-chief executive officer Ryan Salame gave $22 million to Republicans.

Some of Sam Bankman-Fried’s (SBF) donations in 2022 via opensecrets.org. SBF was the second-largest megadonor under George Soros in terms of donating to Democratic organizations. “Among the three executives, $57 million was given to Democratic candidates, while $22 million went to Republican candidates,” opensecrets.org details. 

It has also been reported that SBF donated $5.2 million to president Joe Biden’s campaign via two super PACs in 2020. In fact, SBF’s donation in 2020 was the second largest donation behind Michael Bloomberg’s $56 million donation. 

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