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CEO of crypto derivatives exchange FTX donated $5M to Biden campaign

Published 11/05/2020, 03:50 AM
Updated 11/06/2020, 06:40 AM
CEO of crypto derivatives exchange FTX donated $5M to Biden campaign

Sam Bankman-Fried, the CEO of Hong Kong-based cryptocurrency derivatives exchange FTX, donated $5.2 million to Joe Biden’s presidential campaign.

As the Wall Street Journal reported on Oct. 28, Biden’s presidential campaign received a total of $79.5 million from the top 100 donors describing themselves as CEOs. Bankman-Fried is reportedly the second-largest “CEO-contributor” to the campaign after Michael Bloomberg, a co-founder of the eponymous financial and media company, who donated $56 million.

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