Sam Bankman-Fried, is the second largest donor to the Democrat party and is now broke. Bankman-Fried is the founder of the crypto exchange FTX and used his money to infuse $38 million into Democrat causes during the 2022 election cycle. His donations have focused primarily on green energy initiatives and electing Democrat candidates like Senator-elect John Fetterman in Pennsylvania.
According to Fox News,
“A full-fledged liquidity crisis forced FTX to file for bankruptcy on Friday, and Bankman-Fried’s wealth, which was estimated to be $15.6 billion earlier this week, has sharply plummeted, according to the Bloomberg Billionaires Index. The index currently estimates Bankman-Fried has no material wealth.”…