WASHINGTON — Two super PACs associated with disgraced cryptocurrency tycoon Samuel Bankman-Fried pumped more than $2.7 million into a Dallas congressional race, helping Democrat Jasmine Crockett top a crowded primary field and coast to election last month.
With the former CEO of crypto exchange FTX now charged with defrauding customers and investors – and violating campaign finance law – Crockett and other beneficiaries of his lavish political outlays this year face public pressure to distance themselves from SBF, as he is widely known.
The freshman-elect, a member of the Texas House, was endorsed by retiring Rep. Eddie Bernice Johnson as her successor in the deep-blue 30th district.
