Sam Bankman-Fried and FTX Donated over $300,000 to Lawmakers Investigating Him

Former FTX CEO Sam Bankman-Fried and his cofounders donated over $300,000 to nine lawmakers who are now investigating the company for wrongdoing.

Bankman-Fried and his cofounders donated $300,351 to nine members of the House Financial Services Committee; the largest donations were to members of the Digital Assets Working Group, which is working on cryptocurrency regulation.

The House Financial Services Committee announced earlier this week that the committee would investigate any wrongdoing by Bankman-Fried and FTX.

Only Rep. Chuy Garcia (D-IL) said he would return a $2,900 donation from Bankman-Fried.

Although Bankman-Fried has donated to Republicans, 95 percent of the donations went to Democrats and Democrat campaign committees.

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