in the USApoliticians, FTXexecutives and Sam Bankman Fried ( SBF) are considering what to do with their political donations.
Troubled cryptocurrency exchange FTX After its bankruptcy, the political side was also put into troublesome processes. Global conversations began, especially on regulation. It is becoming a widely accepted idea that crypto exchanges and crypto service companies should be regulated. On the other hand, the intensifying crypto bear market also highlighted fraud and bankruptcy situations. In all these processes, FTXand political relations. in the USAThe company, which financed the elections and supported politicians in their own way, created a vacuum after its bankruptcy.
Politicians Are In Trouble With FTX Financing
Cryptocurrency exchange FTX, USA made active donations during election periods. It turned out that the company provided millions of dollars in funding to politicians. The company’s executives are committed to political donations and funding in the 2022 midterm elections. to PACsmade expenditures.
FTX The company’s filing for bankruptcy protection has started to worry some politicians. Politicians especially want to get rid of crypto-heavy incoming donations.
Members of Congress, ex FTXCEO Sam Bankman-Friedof and FTXDigital Markets Co-CEO Ryan Salam ‘s campaign contributions. Members decided to use these funds for charity donations.
