A senior FTX executive is understood to be behind a massive donation to the Oregon Democratic Party.
A senior FTX executive has been revealed as the reported mystery donor behind a massive $500,000 contribution to the Democratic Party of the American state of Oregon.to local reports, the Oregon Democrats initially told state election officials that the $500,000 donation was from Prime Trust, a crypto-focused fintech in Nevada.
Weeks after the Oct. 4 donation, and after local media questioned why a Las Vegas start-up made such a sizeable contribution, Martin reportedly received communication from Singh on Oct. 28 revealing that"he had made a personal contribution to the and that Prime Trust LLC was not the donor.” The party has since amended its state campaign finance disclose to reflect the true donor, according to reports.The nature of the contribution may not be a surprise to some. Singh has been tied to political donations through Prime Trust in the past, while Oregon politics has been the object of FTX’s attention before.
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