FTX & Democratic Party of Oregon

Nishad Singh, who gave Oregon Dems $500k in 2022, testified yesterday how he and other FTX officials fraudulently funneled stolen customer funds to political campaigns

Oregon DOJ still mum on whether it will investigate possible Oregon law violations

NEW YORK (AP) — A former top executive at the failed FTX cryptocurrency exchange pleaded guilty Thursday to making tens of millions of dollars in illegal campaign contributions to U.S. politicians …

Sam Bankman-Fried used money he stole from customers of his FTX cryptocurrency exchange to make more than $100 million in political campaign contributions before the 2022 U.S. midterm elections, federal prosecutors said on Monday.

The decision by U.S. prosecutors on Wednesday to drop a campaign finance charge against Sam Bankman-Fried may keep his trial focused on what the government considers his main crime: stealing billions of dollars from cryptocurrency customers at his now-bankrupt FTX exchange.

Mr. Bankman-Fried’s legal team had argued that the United States mishandled the process of extraditing him from the Bahamas.

New campaign finance filings show Senator Wyden and Rep. Hoyle have belatedly purged their campaign coffers of legally and/or politically suspect contributions

The Washington, D.C.-based fundraiser who secured a $500,000 donation last year for Oregon Democrats from an FTX executive has a long history of working for U.S. Sen. Ron Wyden's campaign.

The party will tap state's most powerful Democrats to repay the contribution to the U.S. Marshal's Service.

The Democratic Party of Oregon says it will send a half-million dollars to the U.S. Marshals Service to conform with a request from the U.S. Department of Justice

SALEM, Ore. (AP) — The Democratic Party of Oregon said Friday it will send a half-million dollars to the U.S. Marshals Service that had been donated by a former executive at the disgraced cryptocurrency exchange FTX , to conform with a request from the U.S.

A former executive at the disgraced cryptocurrency exchange FTX donated $500,000 to the state’s Democratic Party under a false name. Here are the events that led up to the misreported donation and Oregon’s response.

See a timeline of the events that led to the misreported donation coming to light and the ensuing response from the Secretary of State’s Office.

Documents first reported here confirm the need for an investigation into whether DPO committed a crime when it misreported the source of a $500,000 donation it used to help elect Kotek governor

Senate Finance Chair Ron Wyden's paid fundraising consultant -- "all things Ron Wyden" -- arranged the details of a record-breaking donation under scrutiny by the Oregon Department of Justice.

The Oregon Senator has refused to return a personal contribution from Sam Bankman-Fried, breaking from other Democrats and Republicans who returned his donations.

Nossaman’s Chris Hughes and Bill Powers analyze the next clawback targets of FTX bankruptcy proceedings: campaign vendors and political action committees—saying they must comply with Federal Election Commission rules.

The Democratic National Convention and other organizations announced their plan to return funds given by the FTX founder

Oregon elections officials are still deciding whether there is enough evidence to ask Attorney General Ellen Rosenblum to pursue a case against former FTX director of engineering Nishad Singh for donating $500,000 to the Democratic Party of Oregon under a false name.

In just three years, the FTX co-founder built a massive operation to woo politicians, regulators and nonprofits to support his crypto goals.

At least $73 million of political donations tied to Sam Bankman-Fried’s FTX may be at risk of being clawed back as bankruptcy lawyers sort through the remnants of his crypto empire in search of assets to repay creditors.

Taking FTX CEO Sam Bankman-Fried’s money was already a bit of a controversial subject. Now it’s looking downright scandalous. But Democrats aren’t speaking up.

It was the largest contribution the committee had ever reported receiving in the 15-year time frame covered by Oregon’s campaign finance database.

Election officials opened the investigation into Nishad Singh and the Democratic Party last October after the party identified the donor of its largest ever campaign contribution as cryptocurrency wire service Prime Trust.

Rosenblum recused herself from the investigation into disgraced cryptocurrency executive Nishad Singh, whose $500,000 donation to the Democratic Party of Oregon was falsely reported as coming from a Las Vegas company. Rosenblum should have ensured independence long ago, considering the cozy relationship she and former Secretary of State Shemia Fagan have had with the Democratic Party.

A spokesperson for the Oregon Department of Justice said on Friday that the agency is reviewing whether to open a criminal investigation of the Democratic Party of Oregon for misreporting the donor of $500,000 last fall.