The Democratic Party is scrambling to hide all of the evidence linking the party to one of its megadonors – former FTX CEO Sam Bankman-Fried – as accusations arise that he helped them launder money for Ukraine.
Bankman-Fried has been in the news recently for losing almost all of his $16 billion fortune following a liquidity crisis that affected his company. Since the crypto entrepreneur's failing company took over headlines, more and more investigations into his fortune have uncovered his deep connections to the Democrats, including how he donated nearly $38 million to help prop up the failing campaigns of Democrats for the 2022 election cycle. (Related: Sam Bankman-Fried is not alone: Some of history's greatest monsters were Democratic megadonors.) Bankman-Fried was the second-biggest individual donor to the Democratic Party, only surpassed by the $128 billion provided by Hungarian-American billionaire George Soros. Bankman-Fried's donations were focused on certain candidates, including Senator-elect John Fetterman of Pennsylvania, who was widely projected to lose his race against the Republican candidate, celebrated heart surgeon and television host Dr. Mehmet Oz. "This is bigger than Bernie Madoff, but unlike Bernie Madoff, who was getting rich off a Ponzi scheme, the Democrats were getting rich off of FTX," noted Jesse Watters of Fox News. "FTX came onto the scene in 2019, and it spent $10 million to put Joe Biden in the White House in 2020."New York City to hospitalize mentally ill individuals without consent
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