Texas gubernatorial candidate Beto O’Rourke, who lost his bid to unseat the state’s Republican governor earlier this month, returned a $1m donation from the controversial founder of FTX and Alameda Research, Sam Bankman-Fried.
Mr O’Rourke’s campaign spokesman revealed the move in an interview with the Texas Tribune. Mr O’Rourke was far from the only political candidate to be targeted for donations by Mr Bankman-Fried, who before his companies were enveloped by scandal and federal investigation spent more than $40m donating to various liberal groups and candidates this election cycle.
