FTX founder Sam Bankman-Fried sent a significant amount of money to Republican candidates ahead of the midterm election in addition to the millions of dollars he donated to Democrats.
, while a top Democratic campaign contributor, also gave a significant sum of cash to Republican candidates and organizations ahead of the midterm election.
The crypto entrepreneur added that it’s "probably true" he has been given increased access to federal lawmakers as a result of his political fundraising activity. The Alabama Conservatives Fund was a main supporter of Sen.-elect Katie Britt of Alabama, and Heartland Resurgence boosted Sen. John Boozman, R-Ark., and ran advertisements opposing his GOP primary challenger, Jake Bequette. The NRCC is House Republicans' main election fundraising arm.
In addition, Bankman-Fried wired maximum individual donations to Boozman and incumbent Republican Sens. Susan Collins of Maine, Richard Burr of North Carolina, Bill Cassidy of Louisiana, John Hoeven of North Dakota and Lisa Murkowski of Alaska throughout the election cycle. The Hoeven campaign told Fox News Digital that it had donated the funds it had received from Bankman-Fried to the Salvation Army. A spokesperson for Cassidy and a spokesperson for Boozman both said the campaigns would give Bankman-Fried's contributions to charity.
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