Regional News

Democratic Party Donation Tied To Cryptocurrency Case

(Salem, OR) -- The Oregon Elections Division is asking the Oregon Department of Justice to review a 500-thousand dollar donation to the Democratic Party of Oregon. The donation was made by Nishad Singh when the money actually came from Sam Bankman-Fried's companies FTX and Alameda. Bankman-Fried faces charges in connection with his operation of the cryptocurrency exchange. The Justice Department could decide to charge Singh. The investigation found the Democratic Party of Oregon didn't know the true donor, but should have taken steps to investigate. The party must show how it plans to prevent a similar problem in the future. It will pay a 15-thousand dollar fine.

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