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Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud

The industry’s main political action committee, GMI, counts 19 victories in congressional races while defending its history of support from former FTX CEO Sam Bankman-Fried.

By Jesse Hamilton

Updated Nov 15, 2022, 7:59 p.m. Published Nov 15, 2022, 6:27 p.m.

The U.S. Capitol will see an influx of new members of Congress next year whose campaigns were supported by crypto donations. (Jesse Hamilton/CoinDesk)