Democrats set aside donations of over $1 mn from ex-FTX CEO Bankman-Fried

The three primary committees charged with electing Democrats said Friday that they would set aside more than $1 million in donations this election cycle from disgraced crypto mogul Samuel Bankman-Fried, who is accused of making tens of millions of dollars in illegal campaign donations.

Bankman-Fried, the former CEO of cryptocurrency exchange FTX, was a prolific political donor to individual lawmakers, official campaign committees and super PACs. Among the recipients of his cash were the Democratic National Committee, the Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee.