196 US Congressmen received financial support from FTX founder Sam Bankman-Fried.
This reveals that one in three congressmen receives assistance from the SBF.
Support from the SBF to 196 Members of Congress
The fact that many members of Congress received financial support from the SBF has become an important agenda item in the country.
Last year was one of the worst years in history for the cryptocurrency industry. Along with the macroeconomic factors in 2022, the collapse of the Terra ecosystem has plunged the crypto markets into a deep crisis. The final blow to the industry was the collapse of FTX. This big blow caused Bitcoin to drop to the $15,000 level.
After the events, SBF was arrested in the Bahamas and extradited to the USA.
CoinDesk claimed that 196 US Congressmen received donations from the SBF. This indicates that one in three members receives financial support from the SBF.
It is alleged that the new Speaker of the House, Republican California Representative Kevin McCarthey and New York Democratic Representative Chuck Schumer are among the names receiving financial support from the SBF.
Many members of Congress admitted to receiving help from the SBF and stated that these assets were donated to charities.