{"id":325035,"date":"2022-11-14T12:40:40","date_gmt":"2022-11-14T17:40:40","guid":{"rendered":"https:\/\/www.sgtreport.com\/?p=325035"},"modified":"2022-11-14T00:06:30","modified_gmt":"2022-11-14T05:06:30","slug":"ftx-founder-spent-40-million-as-democrat-midterm-megadonor","status":"publish","type":"post","link":"https:\/\/www.sgtreport.com\/2022\/11\/ftx-founder-spent-40-million-as-democrat-midterm-megadonor\/","title":{"rendered":"FTX Founder Spent $40 Million As Democrat Midterm Megadonor"},"content":{"rendered":"

by Paul Joseph Watson, Summit News<\/a>:<\/em><\/p>\n

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Leading up to Sam Bankman-Fried\u2019s spectacular implosion \u2013 in which his firm FTX evaporated billions in wealth after the now-bankrupt cryptocurrency exchange allegedly commingled client assets with his trading firm into a liquidity crunch \u2013\u00a0he became the sixth-largest donor in this year\u2019s midterm election cycle, giving some $40 million to mostly Democratic candidates and causes.<\/strong><\/p>\n

TRUTH LIVES on at\u00a0https:\/\/sgtreport.tv\/<\/a><\/p>\n

According to\u00a0Forbes<\/em><\/a>, Bankman-Fried was second only to\u00a0George Soros<\/strong>\u00a0among billionaire donors to Democratic groups during the 2022 midterm election cycle.<\/p>\n

FTX allegedly loaned Alameda Research \u2013 a trading firm founded by Bankman-Fried \u2013 roughly\u00a0$10 billion\u00a0in client assets<\/strong><\/a>, which has landed him under\u00a0federal investigation by the SEC, CTFC, and the Justice Department<\/strong>\u00a0\u2013 the latter of which already had been working on a months-long investigation, according to the\u00a0Wall Street Journal<\/em><\/a>. The CTFC, meanwhile, is tasked with regulating certain elements of the crypto markets \u2013 including digital assets that are as commodities, and crypto exchanges and clearinghouses.<\/p>\n