US political world seeks distance from disgraced donor Bankman-Fried

WASHINGTON, 16 December 2022, (TON): After years of benefitting from the enormous contributions of FTX founder Sam Bankman-Fried accused of massive financial fraud America’s political elite are now skittering away, eager to put distance between themselves and the disgraced cryptocurrency darling.

The 30-year-old tycoon currently detained in the Bahamas awaiting US extradition proceedings had in recent years become one of the largest public donors to the Democratic Party, and claimed to have privately donated an equal amount to the Republican camp too.

Recipients reach as far into the US political world as President Joe Biden, whose 2020 campaign accepted more than $5 million in donations from Bankman-Fried.

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