Sam Bankman-Fried and FTX Raised Millions for Congressional Candidates, But Gave It to Other PACs Instead
Sam Bankman-Fried and FTX poured millions into GMI PAC, a political action committee which claimed it would spend $20 million on congressional candidates with crypto-friendly agendas. Instead, the non-partisan super PAC transferred the bulk of its money to two other committees with clear partisan goals.
