Balint and Welch donate FTX campaign contributions to charity
/cloudfront-us-east-1.images.arcpublishing.com/gray/JMBQGANGBRGYZK24LQY6CUW2GA.jpg)
Published: Nov. 15, 2022 at 10:09 PM EST
MONTPELIER, Vt. (WCAX) - Both Congresswoman-elect Becca Balint and U.S. Senator-elect Peter Welch will donate the campaign contributions they received from a cryptocurrency executive whose exchange declared bankruptcy last week.
Billionaire Sam Bankman-Fried of FTX sent Balint and Welch $2,900 each.
Balint is giving her share to the Committee on Temporary Shelter or COTS. Welch will donate his share to CVOEO’s warmth support program.
Related Story:
Crypto exchange giant FTX collapses, files for bankruptcy
Copyright 2022 WCAX. All rights reserved.