Crypto Platform FTX’s Implosion Hits Democrats’ 2nd Biggest Individual Donor

The net worth of the founder of the crypto exchange FTX and Democrat megadonor Sam Bankman-Fried plummeted last week in what on the Bloomberg Billionaires Index was its biggest single-day wealth plunge for a billionaire.
FTX filed for bankruptcy protection on Nov. 11 after facing a massive liquidity crunch, in which users rushed to pull out their money.
Bankman-Fried, 30, who in a series of posts on Twitter apologized for the turn of events and said he was “shocked to see things unravel the way they did,” resigned as FTX chief executive on Nov. 11.
Just days prior to the FTX meltdown, Bankman-Fried was estimated to have had a net worth of $15.6 billion, according to the Bloomberg Billionaires Index….}