NM Dems received big campaign check from disgraced FTX founder

According to financial reports filed by the Democratic Party of New Mexico’s federal political action committee (PAC), the entity received $10,000 from disgraced crypto founder Sam Bankman-Fried on August 31, 2022. He founded the failed crypto exchange FTX, which he used to launder money, according to a federal indictment.

The failed crypto mogul may have illegally taken about $10 billion in FTX customers’ funds for his trading firm, Alameda Research, whose future is also in peril, according to the Wall Street Journal. He is now worth close to nothing after his downfall.

Bankman-Fried was one of the Democrat Party’s largest donors until his downfall. On December 13, he was indicted on charges of conspiracy to commit wire fraud, wire fraud, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, conspiracy to commit money laundering, and conspiracy to defraud the Federal Election Commission and commit campaign finance violations. 

The disgraced ex-crypto boss gave mostly to Democrats, although some Republicans received cash from him as well. The Democratic Party of New Mexico, however, was one of the largest 25 recipients of campaign donations.

The Democrat Party has not refunded Bankman-Fried’s contribution, nor has it made any public statements regarding taking the large contribution from the accused money launderer.

Advertisements

7 thoughts on “NM Dems received big campaign check from disgraced FTX founder”

    1. They should, at the very least, be made to pay back this money.
      Interesting who is listed as the top 2 recipients on that chart.

      1. DSCC – Democratic Senatorial Campaign Committee

      2. Biden Victory Fund

  1. Thank you John, for the steady stream of info you’ve been putting out – everything from the far left insanity, to our government’s crimes against humanity, violation of our Constitutional rights, aiding and abetting our enemies…all treasonous acts!

    KNOWLEDGE is power – power back to the people.

    TRUTH will always prevail over their lies.

    2020 is NOT over, and all those who say we should just accept those results and move on, really need to be ashamed of themselves.

  2. Lie, cheat and steal – it’s what the dimmoKKKraps do best.
    – LIE about everything they do
    – CHEAT with the presstitutes of the enemedia running cover for them, they do all they can to destroy our Republic
    – STEAL elections so they can keep the reins of power to continue raping We the People

    Their reign of terror is being exposed, one day Justice will be served.

  3. Evil Democrap party of NM, doing the devils work

    Not surprised. But nothing will happen to them. The lazy RINO republican party of New Mexico will do nothing. The only way these people will ever pay for destroying our state is when God takes care of it. They will always sit free, until that day comes.

Leave a Comment

Your email address will not be published. Required fields are marked *