FTX co-founder Sam Bankman-Fried was indicted earlier this month on eight federal counts, including improperly using customer deposits to fund political donations. He donated widely to politicians, mostly Democrats. They included Michigan lawmakers Senator Debbie Stabenow, Representative Haley Stevens, and Congressional candidate Carl Marlinga.
Criminal and political investigations into FTX founder and former CEO Sam Bankman-Fried are set to heat up in the coming weeks as federal authorities seek to bring him to U.S. soil.