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Federal Prosecutors Investigate Sam Bankman-Fried's Political Donations

Katie Lin

Summary: Prosecutors of former FTX CEO Sam Bankman-Fried’s case is investigating Bankman-Fried’s donations to the Democrat Party, according to reports by Cointelegraph. Prosecutors contacted members from the United States Democratic National Committee (DNC), the Democratic Congressional Campaign Committee (DCCC), and Congressman Hakeem Jeffries to aid the investigations process, according to a New York Times report. The ...

Prosecutors of former FTX CEO Sam Bankman-Fried’s case is investigating Bankman-Fried’s donations to the Democrat Party, according to reports by Cointelegraph.

Prosecutors contacted members from the United States Democratic National Committee (DNC), the Democratic Congressional Campaign Committee (DCCC), and Congressman Hakeem Jeffries to aid the investigations process, according to a New York Times report.

The United States attorney’s office for the Southern District of New York sent emails to Democratic Party elections lawyer Marc Elias and other members of the Democratic and Republican parties asking for more information.

On Dec. 17, the DNC, the Democratic Senatorial Campaign Committee and the DCCC announced they were returning $815,000, $103,000, and $250,000 of donations by Bankman-Fried to FTX, respectively.

Author: Katie Lin

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