That executive gave more than $1 million to a pro-LGBTQ group at Bankman-Fried's direction, the indictment said.įederal Election Commission records show that Nishad Singh, FTX's former engineering chief, contributed $1.1 million on Jto the LGBTQ Victory Fund, a national organization dedicated to electing openly LGBTQ people. The indictment said a political consultant working for Bankman-Fried told one of the executives, identified as CC-1, that 'you being the center left face of our spending will mean you giving to a lot of woke shit for transactional purposes.' Prosecutors said Bankman-Fried directed one executive to donate primarily to left-leaning candidates and organizations and the other to Republicans, with many donations funded by Alameda and including FTX customer funds. Those donations were unlawful because they were made with 'straw' donors or corporate funds, enabling Bankman-Fried - one of the largest donors to Democrats in the 2022 midterm elections - to evade contribution limits, prosecutors said. The new indictment said Bankman-Fried conspired with two former FTX executives to donate tens of millions of dollars in order to influence lawmakers to pass legislation favorable to the company. Kaplan on Thursday extended a temporary ban on Bankman-Fried's contacting FTX and Alameda employees to March 3 from Feb. A spokesman for Bankman-Fried declined to comment.īankman-Fried's trial is slated for October.

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