“Bankman-Fried donated $46.5 million to the Democrats in 2022, making him the party’s second-largest donor behind George Soros that year,” according to MarketWatch.
“Much of the money went to various political action committees, with more than half of his donations going to the Protect Our Future PAC, which advocated for pandemic preparedness,” the financial news website notes.
The campaign finance violations charge stemmed from the specific allegation that he’d made political donations in other peoples’ names.
“All of this dirty money was used in service of Bankman-Fried’s desire to buy bipartisan influence and impact the direction of public policy in Washington,” U.S. Attorney Damian Williams reportedly said when the charges against him were announced.
“These contributions were disguised to look like they were coming from wealthy co-conspirators, when in fact the contributions were funded by Alameda Research with stolen customer money,” he added.
In other words, he donated other people’s money to primarily the Democrat Party, though he’s claimed he’d also secretly donated to Republicans as well.
