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Former FTX Executive Donated Millions to Democratic Party Beginning in 2020

Former FTX Director of Engineering Nishad Singh donated millions to candidates and causes aligned with the Democratic Party beginning in 2020, CNBC reported.

Prior to taking a senior role in Sam Bankman-Fried’s now-crumbling crypto empire, Singh's only political contribution was $2,700 to Rep. Sean Casten, D-Ill., in 2018. However, when Singh joined FTX in 2019 after a brief role at Alameda Research, he would go on to donate more than $13 million to Democrats after the 2020 elections.

At least $8 million from Singh flowed to Democratic causes in the 2022 election cycle. Nonpartisan campaign tracker OpenSecrets ranks Singh 31st in its list of top donors to outside spending groups.

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