FTX Donated $1 Million to McConnell-Aligned
Super PAC Weeks before Declaring Bankruptcy
National Review,
by
Ari Blaff
Original Article
Posted By: Dreadnought,
11/26/2022 1:28:01 PM
The now-defunct cryptocurrency exchange FTX donated $1 million to the Senate Leadership Fund, a Super PAC associated with Senate minority leader Mitch McConnell (R., Ky.), two weeks prior to declaring bankruptcy. FTX first filed for Chapter 11 protection two weeks ago.
During the 2020 presidential campaign, now-former CEO Sam Bankman-Fried donated over $5 million to Joe Biden. During the 2022 midterm election cycle, Bankman-Fried doled out $40 million dollars to mostly Democratic politicians, making him the party’s second-largest financial backer after George Soros.
According to FTX’s latest filing with the Federal Election Commission (FEC), the cryptocurrency exchange also gave $750,000 to Congressional Leadership Fund as well as an additional $150,000
Reply 1 - Posted by:
justavoter 11/26/2022 1:33:21 PM (No. 1342771)
I hope the bankruptcy court make all those PACs pay every penny back that was donated 6 months prior to bankruptcy
56 people like this.
Reply 2 - Posted by:
weirdone 11/26/2022 1:34:24 PM (No. 1342772)
It is long past time for McConnell to go, he is the commander in chief of swamp rats.
64 people like this.
Reply 3 - Posted by:
thomthomp 11/26/2022 1:35:14 PM (No. 1342774)
Why not? McConnell and the Democrats are on the same team. How he keeps getting chosen as the REPUBLICAN leader is a puzzle. Makes one wonder how many othe Senate Republicans are on the one world order/destroy America team.
58 people like this.
Reply 4 - Posted by:
itsonlyme 11/26/2022 1:39:28 PM (No. 1342777)
Mitch "MultiUseless" McConnell and his upcoming plea for campaign donations......Oh BTW -
June, 2019
"In 2008, James Chao gave the couple a gift of as much as $25 million, vaulting Mr. McConnell into the ranks of the richest senators."
32 people like this.
Reply 5 - Posted by:
bighambone 11/26/2022 2:14:41 PM (No. 1342794)
The fraudster certainly knew that McConnell would use that money to elect RINOS who he could control and who would vote with the leftist, progressive, and socialist Democrats on important issues, with or without McConnell’s approval, in accordance with traditional “UniParty” dealings.
29 people like this.
Reply 6 - Posted by:
vhs68 11/26/2022 2:26:03 PM (No. 1342800)
Well #3, to answer your question: Makes one wonder how many other Senate Republicans are on the one world order/destroy America team?
You could count on one hand the number of true republicans in the senate.
Josh Hawley.
Ron Johnson.
Rand Paul.
Ted Cruz--a leaner.-- i haven't given up hope yet.
Everybody else has their hand out for money.
29 people like this.
Reply 7 - Posted by:
seamusm 11/26/2022 2:56:04 PM (No. 1342816)
Stolen money. Immoral to keep any of such. That said, none of the recipients will do the right thing.
19 people like this.
Reply 8 - Posted by:
GoodDeal 11/26/2022 3:19:45 PM (No. 1342827)
Why is no one surprised. Mitch used it to elect democrats in the senate. Mission accomplished.
24 people like this.
Reply 9 - Posted by:
RadioGuy77 11/26/2022 3:20:28 PM (No. 1342828)
I get the feeling many familes (over Thanksgiving) were very surprised to find out how quickly their crypto-anything accounts have vanished into thin air. These guys buying up real estate in the Bahamas?? Progressive thought leaders! The Bahamas are a beautiful location to try to take advantage of offshore banking rules, involving the world's underground economy. Long Live the King!
10 people like this.
Reply 10 - Posted by:
EJKrausJr 11/26/2022 5:03:10 PM (No. 1342891)
No surprise that the Turtle is bought and paid for, just like Lame Duck. The Turtle must go. Otherwise the Republicans must go.
20 people like this.
Reply 11 - Posted by:
Rumblehog 11/26/2022 6:42:17 PM (No. 1342940)
Ditch Mitch!
16 people like this.
Reply 12 - Posted by:
LeeBertie 11/26/2022 6:46:32 PM (No. 1342944)
Of course Turtle will give it all back to the suckers it originally came from. Right?
9 people like this.
Reply 13 - Posted by:
lakerman1 11/27/2022 5:11:42 AM (No. 1343111)
I'm trying to dredge up some sympathy for anyone dumb enough to invest in cyptocurrency, but it is not working.
18 people like this.
Reply 14 - Posted by:
5 handicap 11/27/2022 5:55:53 AM (No. 1343118)
I gotta figure that anyone who voted with the treasonous, Chinese Communist Party Puppett, Mitch McConnell is complicit and also on the take.
17 people like this.
Reply 15 - Posted by:
nina584 11/27/2022 6:06:47 AM (No. 1343123)
McConell was doing the work for the democrats by withholding money from candidates in contested races and electing the commie in Alaska.
20 people like this.
Reply 16 - Posted by:
Rinktum 11/27/2022 7:23:10 AM (No. 1343150)
There was a time in this country when men who were found to be corrupt would resign in shame because they did not want to sully their family name or the position they held. Unfortunately, those days are long gone. Now they just arrogantly push through any crisis of character they find themselves in because they know no one is going to come after them. The most important qualification in leadership should be integrity but apparently, it is their ability to ignore their conscience if they ever had one. It takes unmitigated gall to believe you are better than individuals who are making an honest living by driving a truck or working at Walmart when you are morally bankrupt. However, the people McConnell look down on have more honor and decency than he ever will. Those $5k suits the Old Turtle wears hides a multitude of sins of the worst kind. Have you ever heard stories of McConnell and the rest of the swamp millionaires who actually help people with their own money by doing acts of kindness and generosity? There are many examples of people from all walks of life that other wealthy individuals have helped out of the goodness of their hearts unlike swamp creatures like McConnell.
Having said that, those Republicans who voted for him as leader are just as reprehensible. These are the very people that are enabling the rampant corruption in our government to flourish. There is not an honorable man or woman among them. They are perpetuating corruption when they ignore it and continue to vote for a leader who is horribly compromised.
18 people like this.
Reply 17 - Posted by:
TCloud 11/27/2022 7:48:14 AM (No. 1343155)
For Mitch McConnell everyday is Palm Sunday!
11 people like this.
Reply 18 - Posted by:
Zigrid 11/27/2022 10:11:24 AM (No. 1343282)
A long time ago there was a fish distribution company in Wisconsin that purchased product from the fisherman and then sold it to the chicago market...then they never paid the fisherman and went bankrupt so they wouldn't have to pay...they changed their name and took the profits with them...sound familiar?
5 people like this.
Reply 19 - Posted by:
Strike3 11/27/2022 10:55:05 AM (No. 1343313)
We have had McConnell's number for about ten years now. Surely the senators who surround him, protect him and vote for him know him very well. Why is he still there and why are those "loyal" senators still there? Unless democrats are not the only people who cheat and lie.
In their position, if I suspected that someone had injected dirty money into my campaign, it would be returned wrapped around a Black Mamba.
5 people like this.
Reply 20 - Posted by:
stablemoney 11/27/2022 1:05:59 PM (No. 1343433)
Fire McConnell! Enough of McConnell and his crowd that don't like the people, and ignore them.
4 people like this.
Reply 21 - Posted by:
Speedypetey 11/27/2022 1:11:22 PM (No. 1343440)
McConnell needs to return the retirement funds to those swindled by Democrat FTX.
6 people like this.
Reply 22 - Posted by:
Penney 11/27/2022 2:38:56 PM (No. 1343495)
So that's one of the ways they do it!!! Where is a y integrity remaining inside the beltway?!
2 people like this.
Reply 23 - Posted by:
Dodge Boy 11/27/2022 6:48:54 PM (No. 1343617)
Turtle, if true, your PAC expects to lose big money on FTX's Chapter 7 liquidation? Now I understand why your PAC reneged on previous donations to Trump-supported Senate candidates. We see right through you, pal.
6 people like this.
Reply 24 - Posted by:
Dodge Boy 11/27/2022 6:53:55 PM (No. 1343621)
This explains why Turtle's PAC was forced to withdraw donations to various republican senate campaigns. Apparently, the check is in the mail schtick didn't work this time. Right, Turtle? Or you just hate Trump that much.
5 people like this.
Below, you will find ...
Most Recent Articles posted by "Dreadnought"
and
Most Active Articles (last 48 hours)