Recipients of Bankman-Fried’s Political Donations Should Return Money, Legal Experts Say

Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing about "Examining Digital Assets: Risks, Regulation, and Innovation," on Capitol Hill in Washington, DC, on Feb. 9, 2022. SAUL LOEB/AFP via Getty Images

Former FTX CEO Sam Bankman-Fried’s significant contributions to Democratic candidates and groups have drawn scrutiny, adding to the mounting woes faced by the disgraced crypto boss.

Most of the money was sent by Bankman-Fried to political action committees (PACs), with over $38 million going to liberal groups in 2022, with another $990,000 in individual campaign donations going to candidates directly, according to campaign finance watchdog Open Secrets.