In the previous two years, Bankman-Fried had become one of Washington’s biggest political donors. He gave $5 million to a committee supporting Joe Biden in the 2020 presidential election, and FTX and its executives spread around at least $90 million in campaign contributions, making them one of the biggest donors for the 2022 midterm elections. Most went to Democrats, but FTX executives also gave at least $20 million to Republicans. One in three members of Congress received donations.
