Did Bankman-fried cash out $300 million in 2021?

Last week, the Wall Street Journal reported that Bankman-Fried cashed out $300 million in 2021 after FTX closed a massive fundraising round — a move he reportedly dismissed to investors as partial reimbursement after he bought out a rival’s stake.

How much money did Sam Bankman-fried take to the bank?

The “420” and “69” are obvious nods to meme culture. Left unmentioned, though, was the 71.31% (or $300 million) that Bankman-Fried took to the bank. Read also: Sam Bankman-Fried Used FTX Funds To Buy Personal Items, Homes In The Bahamas, Court Filing Says

Who will donate Bankman-fried's campaign cash?

Two recipients of Bankman-Fried’s campaign cash, Sen. Dick Durbin (D-IL) and Rep. Chuy Garcia (D-IL), confirmed to The Daily Beast that they would donate the $2,900 they received from him to charities. Rep. David Schweikert (R-AZ), who took $2,900 from Salame, told The Daily Beast that he would relinquish the funds as well.

Who received the most money from Bankman-fried?

Other lawmakers that received maximum donations from Bankman-Fried include Democratic Senators Kirsten Gillibrand of New York, Maggie Hassan of New Hampshire, and Cory Booker of New Jersey; and Republican Senators Lisa Murkowski of Alaska and Susan Collins of Maine.