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Los Angeles Times
Los Angeles Times
Politics
Laura J. Nelson

Disgraced crypto executive Sam Bankman-Fried spent big in 2 California congressional races

LOS ANGELES — During her campaign for the U.S. House of Representatives this spring, then-state Sen. Sydney Kamlager was endorsed by a little-known nonprofit called Guarding Against Pandemics.

A few weeks later, a group called Protect Our Future began to spend heavily to support Kamlager in her primary election in South Los Angeles, dropping $500,000 in less than a month on mailers, television ads and radio spots, federal records show.

The two events had one connecting thread: San Francisco Bay Area native Sam Bankman-Fried, 30, the co-founder of the cryptocurrency exchange FTX.

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