US Senator Demands Answer Over SBF ‘Lavish’ Donations to Democrats
Crypto bigwigs have spent millions of dollars funding recent U.S. election campaigns, including those for the 2024 U.S. presidential elections. One name echoing here is former FTX CEO Sam Bankman-Fried (SBF). After the exchange went bust, U.S. Senators voiced concerns over some “lavish” donations.
A week ago, one of the largest crypto exchanges, FTX, went bankrupt, and the former CEO, popularly known as ‘SBF,’ resigned. Following the collapse, his net worth dropped from about $16 billion to a nominal rate (of zero). A week ago, one of the largest crypto exchanges, FTX, went bankrupt, and the former CEO, popularly known as ‘SBF,’ resigned. Following the collapse, his net worth dropped from about $16 billion to a nominal rate (of zero).
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