After years of benefitting from the enormous contributions of FTX founder Sam Bankman-Fried — accused of massive financial fraud — America’s political elite are now skittering away, eager to put distance between themselves and the disgraced cryptocurrency darling.
The 30-year-old tycoon — currently detained in the Bahamas awaiting US extradition proceedings — had in recent years become one of the largest public donors to the Democratic Party, and claimed to have privately donated an equal amount to the Republican camp too.