Evidence shows Bankman-Fried and associates gave $230M to friends, family, politicians, PACs, and special interests

An extended database of donations made by FTX associates became nationalist during the transgression proceedings of FTX laminitis Sam Bankman-Fried connected Oct. 17.

Bankman-Fried’s ain donation database details much than $133 cardinal successful spending, chiefly made up of $119 cardinal successful governmental donations.

The database includes a fig of recognizable politicians oregon their campaigns. Republican legislator and erstwhile statesmanlike nominee Mitt Romney notably received $5,800 from Bankman-Fried, portion Democratic legislator Cory Booker received $5,700. Dozens of different politicians received comparable amounts from the FTX founder.

Bankman-Fried’s largest donations, however, went to governmental groups and governmental enactment committees, oregon PACs, which are taxable to less restrictions and limits connected donations than governmental candidates. These groups, which included specified names arsenic Protect Our Future, One Nation, House Majority PAC, Majority Forward, Future Now, Building a Stronger Future, and others, collectively received tens of millions of dollars.

Gifts to household and friends

Recorded donations besides see transfers betwixt household members. One of the list’s largest azygous transfers is simply a $10 cardinal acquisition from Sam Bankman-Fried to his father, Joseph Bankman — a information that surfaced successful different reports astir September.

Another introduction shows that Sam Bankman-Fried sent $2 cardinal to his brother, Gabriel Bankman-Fried. Furthermore, Bankman-Fried donated $17.5 cardinal to Guarding Against Pandemics (GAP), a radical co-founded and formerly headed by Gabe Bankman-Fried.

Bankman-Fried additionally sent gifts to assorted individuals who, similar Bankman-Fried himself, look to beryllium progressive successful the San Francisco-focused effective altruism community. Recipients see world systems idiosyncratic Claire Zabel, Democratic politicians Elizabeth Edwards-Appell and Alex Zajic, machine subject pupil Rocket Drew, and Chatham House probe chap David Lawrence.

The erstwhile FTX CEO besides sent implicit $248,000 to a edifice institution successful Miami, Florida; a enactment indicates that the institution hosted a mentorship retreat.

Other executives besides handled donations

Other attached lists bring full donations among FTX executives to $230 million. One attached database indicates that FTX’s erstwhile engineering head, Nishad Singh, carried retired $72 cardinal successful governmental and different donations. Another database shows that ex-Alameda Research CEO Caroline Ellison spent $19 cardinal connected gifts and different donations.

Notably, Singh and Ellison each contributed $40 cardinal and $10 cardinal to the AI steadfast Anthropic. Singh suggested successful his recent testimony that FTX and Alameda donated $499 cardinal to Anthropic overall, alongside billions of dollars spent connected different personage endorsements, task superior funds, and mining investments.

Yet different database titled “FTX US” describes $1.7 cardinal successful governmental donations, a sum that includes a $150,000 donation to the Super PAC of pro-crypto U.S. typical Patrick McHenry. Another database includes $4.9 cardinal successful different governmental donations.

The database of donations emerged arsenic a portion of grounds arsenic Nishad Singh testified astir excessive spending during Bankman-Fried’s ongoing transgression case. Singh has pleaded blameworthy to run financing charges arsenic portion of a plea deal. Prosecutors mean to complaint Bankman-Fried with run financing violations astatine a aboriginal date.

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