Posted on 11/26/2022 2:28:32 PM PST by thegagline
The now-defunct cryptocurrency exchange FTX donated $1 million to the Senate Leadership Fund, a Super PAC associated with Senate minority leader Mitch McConnell (R., Ky.), two weeks prior to declaring bankruptcy. FTX first filed for Chapter 11 protection two weeks ago.
During the 2020 presidential campaign, now-former CEO Sam Bankman-Fried donated over $5 million to Joe Biden. During the 2022 midterm election cycle, Bankman-Fried doled out $40 million dollars to mostly Democratic politicians, making him the party’s second-largest financial backer after George Soros.
According to FTX’s latest filing with the Federal Election Commission (FEC), the cryptocurrency exchange also gave $750,000 to Congressional Leadership Fund as well as an additional $150,000 to the American Patriots PAC, both of which support House Republican candidates.
Earlier this year, senior Republicans on the Senate Agriculture Committee, Arkansas’s John Boozman and New Hampshire’s John Hoeven, both received donations from Bankman-Fried as part of the latter’s bid to have the Commodity Futures Trading Commission oversee crypto regulation, The Washington Free Beacon reports.
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The Senate Leadership Fund was the top spending Super-PAC in the 2022 midterm elections, reportedly giving out over $200 million in political donations, the organization Open Secrets found.
(Excerpt) Read more at nationalreview.com ...
To put it another way, Congress is essentially a house of whores.
Pledged or donated?
I learned that these words are sometimes interchangeable during the Amber Heard reality show trial.
Bankruptcy Trustee should be trying to claw all of their political donations back.
One million dollars, that’s the cost of having legislators look the other way when the American people are demanding accountability.
Good Question. Pledged Vs. Donated. Wonder which one it was?
Either way it’s dirty dirty politics!
I despise The Turtle. Another greedy DC pol soaking Americans for personal gain.
My cynical mind tells me this was Maxine Waters or some such Democrat advising them to donate to Republicans so they can snag them in on this fiasco. There were interviews with leading Democrat lawmakers in the wake of FTX's bankruptcy, and what struck me was they all were armed with the talking point: "FTX donated to both parties..."
To put it another way, Congress is essentially a house of whores.
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At least whores operate without taxpayer funding. With Congress, we’re screwed whether or not we want it.
McConnell is corrupt.
McConnell is corrupt.
Well, I am not disputing that for an instant.
“The best politician money can buy......”
Clawback.
Bear in mind SBF has private crypto wallets full of customer cash and no one cares. Worst that can happen is cushy prison while trusted associates splurge.
And the Chinese gave him a billion dollar shipping company. McConnel is a filthy whore.
I think Rick Scott was involved.
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