Bankman-Fried Accused of Record Campaign Finance Violations

Sam Bankman-Fried, the second biggest Democratic donor in the 2022 election cycle, is charged with violating campaign finance laws, in what could be the biggest infusion of illegal corporate money into US politics in decades.

The FTX founder and two other top executives at the bankrupt crypto empire have lavished $76.1 million on super-PACs and other political committees in recent years. That spending is now the subject of one of the eight criminal counts of the Justice Department’s indictment, which alleges the former billionaire conspired with other unnamed individuals to use corporate money and shadow donors starting in 2020 to ...