Sam Bankman-Fried, FTX allies secretly poured $50 million into ‘dark money' groups, evidence shows

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Sam Bankman-Fried, FTX allies secretly poured $50 million into ‘dark money' groups, evidence shows
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Former FTX CEO Sam Bankman-Fried and his allies poured $50 million into “dark money” organizations that do not publicly disclose their donors.

Former crypto king Sam Bankman-Fried and his associates donated $50 million during the 2022 election cycle toward politically active nonprofit groups that don't disclose their donors.

The documents show that Bankman-Fried was clearly the lead"dark money" donor among the listed former FTX executives and the company itself. A spokesman for Bankman-Fried declined to comment. A lawyer for Ellison declined to comment. A lawyer for Salame did not return a request for comment.U.S. Senate Majority Leader Chuck Schumer, D-N.Y., looks at Senate Minority Leader Mitch McConnell, R-Ky., as they meet with Italy's Prime Minister Giorgia Meloni at the U.S. Capitol in Washington, July 27, 2023.

The donation came two months before the November elections. At the time, One Nation was running ads in U.S. Senate races in Wisconsin, Ohio, Georgia and Arizona, according to the group'sOne Nation has been staffed for years by several alumni of McConnell's office. Steven Law, McConnell's former chief of staff, is the president of One Nation. Bobby Burchfield, who once worked as ato support Republicans running for Senate, as well as their policies, during the 2022 midterms.

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