Anonymous ID: efab7e Nov. 11, 2022, 10:25 a.m. No.17754163   🗄️.is 🔗kun   >>4172 >>4317 >>4323

>>17754147

Crypto exchange FTX declares bankruptcy and exit of Democratic megadonor CEO

 

by Zachary Halaschak, Economics Reporter |

November 11, 2022 09:39 AM

 

Cryptocurrency giant FTX has declared bankruptcy and its once-vaunted CEO has resigned following a turbulent week in which clients lost confidence in its ability to pay out claims.

 

FTX announced it was entering voluntary Chapter 11 proceedings on Friday morning after a week that saw the company, one of the largest in the digital asset sphere, essentially collapse, roiling the markets. Its CEO, 30-year-old Sam Bankman-Fried, a top donor to Democrats in the 2022 midterm elections=, has also resigned.

Anonymous ID: efab7e Nov. 11, 2022, 10:28 a.m. No.17754172   🗄️.is 🔗kun   >>4177 >>4317 >>4323

>>17754163

 

Midterm money men: 10 biggest political donors this cycle as total spending to near $17 billion

by Sarah Westwood, Investigative Reporter |

November 05, 2022 04:13 PM

 

Sam Bankman-Fried

 

Wealthy cryptocurrency guru Sam Bankman-Fried has given $36,793,956 to Democrats and just $235,200 to Republicans this cycle.

 

The founder of FTX, Bankman-Fried is a relative newcomer on the political donation scene.