Sam Bankman-Fried's $10 Million Donation: Influence, Recognition, and Controversy

Caroline Ellison, the ex-girlfriend of FTX founder Sam Bankman-Fried, testified in court that Bankman-Fried donated $10 million to Joe Biden's campaign to gain influence and recognition. Ellison also stated that Bankman-Fried directed her to commit fraud, including taking $14 billion from FTX customers to repay loans of its sister company. She pleaded guilty to fraud charges and is testifying as part of her plea deal. Bankman-Fried, who faces up to 115 years in prison if convicted, denies the charges.