north america 703 crypto negative
FTX founder Sam Bankman-Fried’s criminal trial has revealed an extensive list of donations made by FTX associates. Bankman-Fried himself donated over $133 million, with the majority going towards political donations. Notable recipients include Republican senator Mitt Romney and Democratic senator Cory Booker. The largest donations were made to political groups and PACs, which have fewer restrictions on donations. Bankman-Fried also made significant transfers to family members, including a $10 million gift to his father and $2 million to his brother. He also donated to individuals involved in the effective altruism community and a hotel company in Miami. Other FTX executives, including Nishad Singh and Caroline Ellison, also made substantial donations. The evidence emerged during Singh’s testimony, who has pleaded guilty to campaign financing charges. Bankman-Fried is expected to face similar charges in the future.

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Information Details
Geography North America
Countries 🇺🇸
Sentiment negative
Relevance Score 1
People Sam Bankman-Fried, Joseph Bankman, Gabriel Bankman-Fried, Cory Booker, Mitt Romney
Companies Chatham House, House Majority PAC, Future Now, AI firm Anthropic, Protect Our Future, Super PAC of pro-crypto U.S. representative Patrick McHenry, Building a Stronger Future, FTX, Majority Forward, Alameda Research, Cointelegraph, Anthropic, Guarding Against Pandemics (GAP), One Nation
Currencies None
Securities None

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