Prosecutors reportedly in touch with Democratic and GOP campaigns over FTX-tied donations | Washington Examiner
Federal prosecutors investigating the collapse of FTX and Sam Bankman-Fried have reached out to Democratic and Republican campaigns and organizations for information on political donations the company founder and two former executives made, according to a report.
The report, published Saturday in the New York Times, cited sources at a number of named and unnamed campaigns and political groups that had been contacted by the U.S. attorney’s office for the Southern District of New York regarding contributions from the disgraced cryptocurrency entrepreneur and former FTX executives Nishad Singh and Ryan Salame. While Bankman-Fried and Singh primarily donated to Democratic organizations, Salame had contributed heavily to the GOP. Despite his significant financial investment, the report alleges, Salame told an activist who raised money that he was not particularly interested in politics and was instead encouraged to become a political donor by others at FTX.