Beto Returns $1M Donation From Former Crypto Billionaire Bankman-Fried

Beto O’Rourke's Texas gubernatorial campaign returned a $1 million donation from former crypto billionaire Sam Bankman-Fried four days before Election Day.

  • The O’Rourke campaign’s decision to return the donation was reportedly unrelated to the former crypto billionaire’s business scandals, a spokesman told the Texas Tribune.
  • The spokesman said the campaign chose to return the funds because O’Rourke had not talked to Bankman-Fried before the large donation, which was unsolicited and took them by surprise.
  • O’Rourke’s failed campaign raised $77 million overall and received seven figure sums from three other donors, including Democratic megadonor George Soros.


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