6. FTX Scandal and Democratic Donations

Convicted FTX founder Sam Bankman-Fried orchestrated massive fraud, looting customer funds to fuel over $100 million in political contributions—much of it to Democrats, making him one of the party’s top donors in 2022. The scandal highlights how stolen billions propped up left-leaning causes and candidates, with critics decrying media downplaying of the ties and calling for Democrats to return tainted funds amid ongoing fallout from the crypto collapse.