TechFlow News, November 13 — According to the Financial Times, FTX's bankruptcy has cut off significant funding sources for the U.S. Democratic Party. Public records show that SBF was the second-largest donor after George Soros and had pledged to donate $1 billion to pro-crypto candidates in U.S. elections. SBF supported a total of 25 Democratic candidates, 18 of whom have won their races so far.
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