CEO of crypto exchange FTX donates $ 5.2 million to Joe Biden’s presidential campaign
Founder of the FTX crypto derivatives exchange, Sam Bankman-Fried, invested $ 5.2 million in Joe Biden’s presidential campaign. This is evidenced by the data of the resource Opensecrets.org.
FTX.US is listed as one of Biden’s largest donors for 2020. She is credited with $ 5,220,000 transferred to support the Democratic candidate in the race against the current US President Donald Trump.
Opensecret.org notes that donors are “organizational political action committees; their individual members, employees or owners, as well as the immediate family of these people. ” Thus, the organizations themselves do not send donations, since this is prohibited by the law..
Bankman-Freed, in a conversation with The Block, confirmed the information about the donation, specifying that he passed it through his other company – Alameda, which specializes in market making and trading..
The Associated Press previously announced that it would use the Ethereum and EOS blockchains to publish election results..
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