Scrutiny of FTX exec's donation to Oregon Democrats referred for possible criminal investigation

A $500,000 contribution made to the party in October by FTX exec Nishad Singh was falsely filed under the name of a different company.

PORTLAND, Ore. — An Oregon investigation into political contributions made by an executive at disgraced cryptocurrency firm FTX is being referred for potential criminal charges, the Secretary of State’s office announced on Thursday.

The investigation stems from a $500,000 contribution to the Democratic Party of Oregon made in October 2022, just before the midterm election. Though the money came from then-FTX engineering director Nishad Singh, he “incorrectly reported” the funds as coming from a Las Vegas-based crypto company called Prime Trust LLC.

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