The Democratic National Committee's largest donor in May 2022 was cryptocurrency billionaire Sam Bankman-Fried, according to Federal Election Commission records.
Receipts posted on the FEC website show that Bankman-Fried made five contributions last month totaling $865,000, all made on either May 3 or May 5. On May 4, he tweeted support for Democratic California Gov. Gavin Newsom, stating that he was working with him on blockchain policy.
"Really excited to see CA taking the initiative on blockchain policy to protect consumers, provide oversight, and help grow the economy. Excited to work with @GavinNewsom on this!" he tweeted.
According to New York Times reporter Shane Goldmacher, Bankman-Fried's last contribution of $500,000 was refunded back to him, but even without the half a million dollars, he is still the Democratic Party's biggest donor for the month.
Even $800,000 could be nothing compared to what the cryptocurrency billionaire plans on contributing in 2024.
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