Sam Bankman-Fried, the now-bankrupt founder of the cryptocurrency exchange FTX, gave a staggering sum of money to Democrats and far-left causes this midterm election cycle before his multi-billion dollar empire imploded this week.

FTX, which is headquartered in the Bahamas, was launched in 2019 and had accrued more than one million users by 2022. Users suddenly demanded $6 billion in withdrawals after an article published by CoinDesk revealed last week that the two arms of Bankman-Fried’s cryptocurrency empire, FTX and Alameda Research, had significant overlap on their balance sheets in the form of the cryptocurrency FTT, which FTX invented. Rival firm Binance, which had been planning to purchase FTX, announced that it would discharge all holdings in the coin and eventually reversed course on the acquisition.

The disheveled 30-year-old went from boasting a $15.6 billion net worth to having “no material wealth” over the span of approximately two days. Federal and state officials are now investigating whether Bankman-Fried broke laws with his actions at the company.

Bankman-Fried was the second largest donor for Democrats this last election cycle, only behind megadonor George Soros, giving at least $38 million to leftist causes, PACs, and candidates, Fox News reported.

Politico reported that Bankman-Fried was a top resource to whom Democrats went when lawmakers began looking at ways to regulate cryptocurrencies because of “his willingness to write multimillion dollar checks to boost Democrats.”

Bankman-Fried said earlier this year that he was preparing to spend between $100 million and $1 billion on the presidential election in 2024 to keep Democrats in the White House.

“This is an absolutely stunning turnaround from somebody who was the darling of Washington policy circles,” said Blockchain Association Executive Director Kristin Smith. “It was built on a house of cards.”

Bankman-Fried had reportedly negotiated an emergency sale of the company to Binance, but the company backed out of it after digging into FTX’s books.

“As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of FTX.com,” Binance said in a statement. “In the beginning, our hope was to be able to support FTX’s customers to provide liquidity, but the issues are beyond our control or ability to help.”

In the beginning, our hope was to be able to support FTX’s customers to provide liquidity, but the issues are beyond our control or ability to help.

— Binance (@binance) November 9, 2022

Bankman-Fried resigned from the company on Friday and claimed that he was “sorry” for what he did.

“I’m sorry. That’s the biggest thing. I f***ed up, and should have done better,” he said. “I sincerely apologize.”

Ben Zeisloft contributed to this report.

Conservative critics of newly re-elected Governor Kathy Hochul, D-N.Y., tore into her on Twitter after a recent video showed her happily dancing unmasked surrounded by dozens of masked kids in a Puerto Rican school.

Only days after her victory over Rep. Lee Zeldin, R-N.Y., in the New York governor’s race, Hochul traveled down to Puerto Rico to provide aide to the U.S. territory’s victims of Hurricane Fiona.

During her trip, video of the governor visiting a local school went viral on Twitter. It depicted Hochul smiling and dancing with dozens of Puerto Rican school children.

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Though as conservatives pointed out once the video hit Twitter, Hochul was not wearing a mask, while each of the surrounding children was.

Her critics piled on her for the apparent hypocrisy. 

The RNC Research Twitter account slammed the re-elected New York governor, tweeting, "Here is Democrat Gov. Kathy Hochul celebrating her re-election in the only way she knows how — forcing young children to wear masks."

Conservative commentator Jason Howerton skewered Hochul, writing, "All the children are forced into masks while @GovKathyHochul and adults breathe freely. They've learned nothing. And why would they have? New York, you just elected this woman after witnessing the utter destruction of your state. You'll get what you voted for."

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The Young Americans for Liberty Twitter account claimed, "Masks on the children. No mask for @GovKathyHochul. She's special, you see. New York just elected Hochul for a full term as governor. A tyrant has been emboldened and New Yorkers are going to get what they voted for."

Journalist Ian Miles Cheong tweeted, "Kathy Hochul visits a school in San Juan. She doesn't wear a mask but all the kids have to. Know your betters, peasants."

Social Worker Justin Spiro asked, "Why is Governor Hochul and nearly every adult maskless while nearly every child is masked? Is that the rule at this school in Puerto Rico?"

Conservative activist Charles Downs provided harsh comment on the governor’s antics, tweeting, "Kathy Hochul is just the worst! Over the next four years, New York City and the surrounding areas will turn into Seattle. Remember in Portland and Seattle: crime, ANTIFA, and all the crazy woke ideology make it into the suburbs. Democrats destroy states!"

Conservative and Grabien.com founder Tom Elliott tweeted, "Forcing kids to wear masks while you exploit them for your own political career. What shameful cruelty."