With up to $2 billion of customers' money missing, it's been revealed that top Democrat donor and FTX founder Sam Bankman-Fried is currently in the Bahamas.
The New York Post reports that FTX's implosion followed revelations "that co-founder Sam Bankman-Fried had been funneling money to a sister trading company run by his girlfriend."
Bankman-Fried was spotted in the Bahamas, where FTX is located: "a source said the disgraced CEO and his father were spotted hunkering down with cops and federal regulators Saturday," reports The Post
Bankman-Fried made donations to the Dems that totaled $39.8 million, putting him just behind George Soros and his $128 million in donations.
He had even promised to spend more money on Dems in the future, saying he could go "north of $100 million" with a "soft ceiling" of $1 billion for the 2024 elections.
Bankman-Fried was a significant donor to Biden in 2020. He's the largest financial contributor to the Protect Our Future PAC, "the political action committee which endorsed Democratic candidates such as Peter Welch, who this week won his bid to become Vermont’s next senator, and Robert J. Menendez of New Jersey, who secured a House seat."
As Bloomberg reports, Bankman-Fried had his net worth go from $15.6 billion to $1 billion in "the biggest one-day collapse it had ever seen among billionaires."
Join and support independent free thinkers!
We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.
Remind me next month
To find out what personal data we collect and how we use it, please visit our Privacy Policy
