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Second-largest Democratic donor’s wealth evaporates overnight in crypto meltdown

Source: Original publisher

USA TODAY - For more and to sign up click here Zachary Halaschak The cryptocurrency entrepreneur who donated the second most to Democrats this election cycle just had 94% of his net worth erased as his company collapsed. Sam Bankman-Fried, 30, known in the crypto realm as SBF, saw his company, FTX, fall apart in just days during a liquidity crunch that culminated with his rival, Changpeng Zhao’s Binance, moving…

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