Embattled FTX founder Sam Bankman-Fried's parents and brother have been involved with Democratic lawmakers and organizations for the better part of a decade.
Last week, Sam Bankman-Fried made headlines after his firm FTX, a high-profile cryptocurrency exchange, collapsed and filed for bankruptcy due to a liquidity crisis. Bankman-Fried's estimated net worth plummeted from north of $15 billion to no material wealth. He apologized to users of the platform.
Gabe Bankman-Fried, who has contributed more than $361,000 to mainly Democratic campaigns and causes over the last several years, founded the group Guarding Against Pandemics. The group researches and endorses candidates who then often receive cash from Protect Our Future PAC.A webpage highlighting Gabe Bankman-Fried's role starting Guarding Against Pandemics on the group's website was recently wiped, but was archived and reviewed by Fox News Digital.
Schmidt provided seed money for the firm and helped gather tens of millions of dollars in funding. Civis has since been on the payroll of several major Democratic committees, including presidential contenders. In addition, Barbara Fried leads Mind the Gap, a secretive organization that funnels massive amounts of money to Democratic campaigns, according to Influence Watch. The group has received major funding from well-known Silicon Valley donors including Schmidt, the former Google CEO; Dustin Moskovitz, the co-founder of Facebook; Allen Blue, the co-founder of LinkedIn; and Jeff Horing, the co-founder of top venture capital firm Insight Partners.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
What is the alleged connection between Sam Bankman-Fried, FTX, Democrats and Ukraine?New York Post columnist Miranda Devine weighs in on the collapse of cryptocurrency exchange FTX and founder Sam Bankman-Fried's multi- million dollar campaign donations to Democratic candidates on 'Tucker Carlson Tonight.'
Consulte Mais informação »
Sam Bankman-Fried continues bizarre Twitter rambling, says FTX US had cash needed to repay clientsIf former FTX CEO Sam Bankman-Fried had designs on repairing his reputation as a responsible steward of a once multi-billionaire-dollar crypto empire, he’s certainly making that complicated.
Consulte Mais informação »
FTX founder Sam Bankman-Fried should testify on crypto exchange collapse: Sen. Sherrod BrownSen. Sherrod Brown, D-Ohio, said former FTX CEO Sam Bankman-Fried should testify before Congress regarding the collapse of his company. Billions of dollars have gone missing.
Consulte Mais informação »
'My goal: Clean up and focus on transparency': says former FTX CEO Sam Bankman FriedSam Bankman-Fried, the former chief executive of fallen crypto exchange FTX, loosely outlined on Twitter his goals going forward.
Consulte Mais informação »
Sam Bankman-Fried tweets he'll explain 'what happened' with FTX collapseFormer FTX CEO Sam Bankman-Fried hinted in a string of cryptic tweets that he plans to provide an explanation of 'what happened' with the crypto exchange company's sudden collapse.
Consulte Mais informação »
Kevin O'Leary Says He'd Invest in FTX Founder Sam Bankman-Fried AgainO'Leary doesn't seem too bothered that SBF used $10 billion in FTX customer deposits to prop up his hedge fund.
Consulte Mais informação »