In the News

What happens to the crypto donors?

Dec 21, 2022

Michelle Shen
12/21/22

(National Journal) That is, before Bankman-Fried’s $32 billion company and crypto exchange, FTX, collapsed. “Sam Bankman-Fried is the epitome of what’s wrong with our campaign finance system. He saw a broken system, set up by the Citizens United decision, and exploited it,” said Tina Olechowski, communications director of End Citizens United, a PAC focused on reforming campaign finance. Several of the members of the House Financial Services Committee, who would have been in charge of questioning Bankman-Fried had he appeared before Congress, received donations from him.