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The Wall Street Publication > Blog > Tech > FTX Founder Was Among Biggest Political Donors
Tech

FTX Founder Was Among Biggest Political Donors

Editorial Board Published November 21, 2022
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FTX Founder Was Among Biggest Political Donors
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FTX founder Sam Bankman-Fried and members of his team rose from relative obscurity in Washington to be among the biggest donors in U.S. politics, contributing more than $70 million to election campaigns in less than 18 months.

Mr. Bankman-Fried personally gave $40 million to politicians and political-action committees ahead of the 2022 midterm elections, mostly to Democrats and liberal-leaning groups, according to the Center for Responsive Politics, a nonpartisan group that tracks campaign donations. Ryan Salame, another top FTX executive, donated more than $23 million, mainly to Republicans and conservative groups.

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