- U.S. Senator and Senate Finance Committee Chairman Ron Wyden (D-OR) used his considerable clout to shield now-bankrupt cryptocurrency exchange FTX from tax reporting and regulatory investigations in 2021 and 2022, a review of press reports, Finance Committee records and Securities and Exchange Commission rulemaking records show.
- In 2022, Wyden was rewarded by FTX, its CEO Sam Bankman-Fried (who last week was convicted on seven counts of fraud and money laundering) and associates and crypto industry allies with over $600,000 in campaign contributions benefitting Wyden.
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Oregon’s Wyden Handsomely Rewarded For Being FTX’s Go-To Guy In The Senate
Sen. Ron Wyden
