Carbajal plans to dump money from disgraced FTX megadonor
November 20, 2022
By KAREN VELIE
Central Coast Congressman Salud Carbajal is one of a handful of politicians who plan to dump contributions they received from disgraced FTX founder Sam Bankman-Fried.
Bankman-Fried donated approxamtly 40 million dollars to primarily Democratic campaigns during the 2021-2022 election cycle. FTX, a cryptocurrency platform, filed for bankruptcy on Nov. 11 leading to allegations of mismanagement and possible fraud.
Following the allegations of wrongdoing, Carbajal made plans to donate the $5,800 he received from Bankman-Fried in 2022 to a local charity, Ian Mariani, a spokesman for Carbajal, told the New York Post.
Bankman-Fried donated $2,900 to Carbajal’s primary election campaign and $2,900 to his general election campaign. Personal donations to U.S. House of Representatives candidates are limited to $2,900 per campaign.
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