The Democratic Party of Oregon announced the return of $500,000 that was illegally donated by a former cryptocurrency executive to the US Marshals Service as part of an agreement from several party lawmakers.
Senate Finance Committee Chairman Ron Wyden , Sen. Jeff Merkley , Rep. Earl Blumenauer , Rep. Suzanne Bonamici , Rep. Val Hoyle , and Gov. Tina Kotek have agreed to use funds from their campaigns to front the cost, according to the Oregonian.The Democratic Party of Oregon PAC reported to state election officials in campaign finance records that the party received a sum of $500,000 from a cryptocurrency startup called Prime Trust.
The money the Democratic Party of Oregon received from the FTX executive was spent on election efforts for Kotek. Last month, the Elections Division of the Secretary of State’s Office issued a $15,000 fine to the Democratic Party of Oregon for wrongly reporting the source, following a seven-month investigation into the party, as stated in a final order from the division.
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