Before FTX Collapse, SBF Gave $1M To Republicans

FTX US donated

to Senate Republican Leader Mitch McConnell on October 27.

After a couple of weeks, over 100 FTX-affiliated companies, including its US division,

As per reports, several members of Congress, including

and Republican Representative Kevin Hern said they would return donations from FTX or give donate them to charities.

FTX US donated

and $150,000 to American Patriots PAC , both of which support Republicans.

Whereas it gave

which is backed by Republican Katie Britt.

According to OpenSecrets' SBF has donated around

and the bulk of spending went to supporting Democrats whereas Ryan Salame, donated over $23 million to mostly Republican and conservative groups.

Crypto industry donated

election cycle. But the bulk of that money, about 84%, came from SBF and other FTX executives.