FTX: Donated to Democrats: 38 Million from CEO, 23 Million from Co-CEO, 8 Million from FTX Director of Engineering

Former FTX CEO Sam Bankman-Fried wasn’t the only company executive who put big money behind campaigns aligned with the Democratic Party.

A year after Nishad Singh became the company’s director of engineering, he quietly emerged as a reliable political donor for Democrats, according to over a dozen Federal Election Commission records reviewed by CNBC.

Singh, who became FTX’s lead engineer in 2019 following a stint at Bankman-Fried’s trading firm Alameda Research, has donated more than $13 million to party causes since the start of the 2020 presidential election, according to state and federal campaign finance records.

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Singh donated $8 million to federal campaigns in the 2022 election cycle, and all of it went to Democrats, according to the nonpartisan campaign watchdog OpenSecrets. He was among a handful of former senior officials at FTX who were deeply involved with financing the 2022 midterms.

www.cnbc.com/2022/12/06/former-ftx-engineer-quietly-became-millionaire-democratic-donor.html

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