Some U.S. lawmakers donate SBF's political contributions to charity

2022-11-22 21:28:55

Collection

ChainCatcher news, The Block reports that FTX founder Sam Bankman-Fried (SBF) donated millions of dollars to lawmakers during the mid-2022 cycle. However, after FTX filed for bankruptcy protection, some politicians were eager to distance themselves from cash linked to crypto. Some U.S. lawmakers have donated campaign contributions from the controversial donor to charities, with the first legislators to donate Bankman-Fried's cash being Illinois Democratic Representative Chuy Garcia and Oklahoma Republican Representative Kevin Hern.

Both donated their cash linked to FTX to charities. Senator Kirsten Gillibrand (D-N.Y.), who is a co-author of a comprehensive cryptocurrency regulatory bill, also donated Bankman-Fried's $5,800 contribution to a charity in New York City. (source link)

Related tags

SBF donation FTX

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.