Geo Politics

The crypto exchange FTX collapsed last week, sending other crypto exchanges scrambling to assure their customers that they are not going to. But FTX was super fishy. Sam Bankman-Fried, the CEO of the crypto exchange, had been funding many Democratic candidates, including those that headed agencies that were supposed to be regulating his industry. The exchange also was used as a crypto donation portal for Ukraine. Donations through the site went directly to the National Bank of Ukraine. This leaves many questions. What happened to the donations sent to Ukraine and held in FTX? Are they gone now? Some have suggested that is the case. And given crypto is anonymous, how can we be sure that the money sent to Ukraine was not the same money funding Democratic candidates?

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