1/6/2023
McCarthy Took $2 Million From FTX Crypto Scam Co-Founder
Speaker of the House-nominee Kevin McCarthy received some $2 million from a co-founder of FTX, the crypto startup that cost investors more than $8 billion and prompted numerous federal investigations for fraud and misuse of funds.
FTX co-founder Ryan David Salame gave $8,700 directly to Rep. McCarthy’s 2022 congressional campaign, and chipped in another $2 million to the Congressional Leadership Fund, which McCarthy controlled, according to Federal Election Commission reports.
McCarthy’s lieutenant Tom Emmer (R-Indiana) signed a letter on March 16, 2022 asking federal investigators to go easy on FTX and other crypto firms.
When the investigations into FTX began, McCarthy sounded a different note, demanding a full investigation of FTX on a December 13 Fox Business channel appearance.
“We really need to know where did this money go, what was he doing, what was he providing. I think having testified would have been the first start,” saidMcCarthy, speaking on Sam Bankman-Fried. “All his money goes to Democrats.”
McCarthy did not acknowledge Bankman-Fried’s tweets alleging that he had decided to give upwards of $40 million to Democrats while directing his co-founder Salame to give a similar amount to Republicans.
McCarthy admitted receiving money from the FTX co-founder: “I never received money from him [Bankman-Fried]. I received money from an individual who worked there as well,” McCarthy told Fox.
🔗Source: Zenger
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