Rep. Troy Nehls, R-Texas, alongside several of his House GOP colleagues, sent a letter to Secretary of State Antony Blinken expressing their concern that Ukraine military aid may have been improperly invested into bankrupt crypto-exchange FTX before being donated to Democrat campaigns this midterm cycle.
Rep. Troy Nehls, R-Texas, alongside several of his House GOP colleagues, sent a letter to Secretary of State Antony Blinken expressing their concern that Ukraine military aid may have been improperly invested into bankrupt crypto-exchange FTX before being donated to Democrat campaigns this midterm cycle.
Rep. Troy Nehls, R-Texas, alongside several of his House GOP colleagues, sent a letter to Secretary of State Antony Blinken expressing their concern that Ukraine military aid may have been improperly invested into bankrupt crypto-exchange FTX before being donated to Democrat campaigns this midterm cycle.
Congress of the Gnited States
‘House of Representatives
‘Biashingin, DE 20515-4322
‘November 17,2022
‘The Honorable Antony J Blinken
Secretary of State
‘United States Department of State
2201. S.NW
‘Washingion, DC, 20520
Dear Secretary Blinken,
Tthas come to our attention that billions of taxpayer dollars sent to Ukraine to assis with thee war efforts
‘were potentially invested in a erypto exchange that then made massive donations to Democrats in the
‘United States during the 2022 midterm elections
[In March 2022, the Ukrainian Government officially — and forthe fist time— partnered with erypto-
‘exchange FTX Trading Limited (FTX) to launch a erypto donations website, “Aid for Ukraine,” within
‘ays of Prosident Joe Bidon pledging billions of Amerie taxpayer dollars fo assis the country with war
efforts against the Russian invasion? While this partnership was touted asa way to asist Ukraine in
«ashing outerypro donations for ammunition and humanitarian aid, w= have serious concerns that the
‘Ukrainian Government may have invested potions ofthe nearly $66 bilion of U.S. economic asistance
ito FTX to keep Democrats in power—and keep the money coming in.
Specifically, Sam Bankman-Fried,the Founder of FTX, was the seconlargestcontibutor to Democrat:
afilated political ation commitices (PACs) and organizations, only behind liberal billionaire, George
Soros: The Federal Election Commission (FEC) data found Bankman Fried funneled nearly $40 millon
‘daring the midterm eleton eyele, with mos of his contributions to Protect Our Future PAC and House
“Majority PAC, both of which exclusively supported Democratic candidates“ Additionally, Gabe
Bankman Fried, brother of PEX's founder, worked until last year for Democrat Congressman Sean Cesten
‘of linis, who sts onthe House Financial Services Commitee that ewerses eryprocurencies and Iii
‘Coin Offering (1CO) mares >
Whats even more concerning is that on November 114 thre days aller the 2022 midterms, PIX filed for
teankruptzy* thas now been reported that up to $2 billion dollars of customer funds have disappeared
trough a backdoor housed in the fingnce software.” We sincerely hope the primary diver behind the
* pw fomnewscom/meda/vhatalleged-connetion-sam-bankman-fiedfu-democrs ukraine
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dear lo-enuses
5 ips: Legion, comperson!3!7126\Gabriel_D_Bankman Fried
“pseu com market earenlesexcasve lait -loelin und sing aled-erypt-frm--
soareee 2022-11-13"
wabillions in Congressional assistance to Ukraine was not Democrats atmpting to koep themselves in
poster, ad that none ofthe missing funds were used as a passthrough o avoid campaign finance laws or
‘end up in Democrat pockets,
"Therefore, wo ask you to answer the Fol:
questions:
|. Does the Department of State have any knowledge that anyone inthe Biden Administration,
Congress, or Democrat afiliated PACS intended forthe money the U.S. seat to Ukraine to as
‘with the war efforts to be invested in a crypto exchange, including PTX, or be funneled back to
the United States to influence the 2022 midterm elections? Iso, who ae these actors?
2. Is the Department of State currently investigating whether Uline invested in FTX Ifo, what
isthe status ofthat investigation?
3. Has anyone inthe Biden Adeinistration or in Congress had contact with anyone at FIX leading
upto the passage of Ukranian ad, including anyone in Rep. Casten's office with Gabe
Bankman-Feied?
44. How does the Department of State track and account for milimryarade weapons, military
supplies, and U.S taxpayer dollars supplied to Ukraine forces o alsin defense against the
Russian invasion?
‘5. Willthe Biden Administation audit the Ukrainian aid to prove transparency on how this money
was spent?
‘Thank you for you prompt tization to this serious matter. We look frard t hearing from you.
Sincerely,
“Troy E. Nels Louie Gohmert
Member of Congress Member of Congress