A campaign finance watchdog has accused Sam Bankman-Fried, the ex-CEO of FTX, of flouting federal election law by using dark money groups to conceal millions in campaign donations to Republicans during the 2022 primary campaign.
December 9, 2022, 11:20 PMSam Bankman-Fried testifies on May 12, 2022 before the House Agriculture Committee., the ex-CEO of FTX, of flouting federal election law by using dark money groups to conceal millions in campaign donations to Republicans during the 2022 primary campaign.
In a complaint to the Federal Election Commission , Citizens for Responsibility and Ethics in Washington cited a Novemberbetween Bankman-Fried and YouTuber Tiffany Fong, in which Bankman-Fried claimed to be “the second or third biggest Republican donor this year.” He apparently hid these donations by contributing to dark money groups that can spend unlimited money to influence elections and are not required under federal law to disclose the names of their donors.
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