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Former FTX Executive Donated More Than $80 Million to Political Groups

Coingecko stated that in the year before FTX's bankruptcy, FTX CEO SBF donated at least $46 million to political groups, with 89.2% of his donations going to the Democratic Political Action Committee (POF PAC), the House Majority PAC, and other liberal groups such as Future America. SBF had previously pledged to donate up to $1 billion during the 2024 election cycle.

Former FTX Co-CEO Ryan Salame donated $23.4 million to conservative causes (including Republicans and candidates), with $21.6 million going to conservative groups. Former FTX Engineering Director Nishad Singh donated $10.2 million, with 90% ($9.2 million) going to liberal groups and the rest going to Democrats and candidates.

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