Sam Bankman-Fried (SBF) made great efforts to be the “acceptable face” of crypto. His political maneuvers will cast a long shadow over the industry.
Sam Bankman-Fried, the disgraced former CEO of FTX, was one of crypto’s most active advocates in Washington D.C. The tech mogul is now spending his time under house arrest awaiting trial. Prior, he was the second biggest donor to the Democratic Party behind George Soros.
Bankman-Fried donated $5.2 million to јое Biden’s presidential campaign in 2020. Additionally, another $40 million to other Democrats ahead of the 2022 midterm election.
Source: https://beincrypto.com/sam-bankman-fried-political-donations-casts-long-shadow/