Received substantial donations from SBF, Democratic Party controls the Senate, should politicians return "ill-gotten gains"?

SBF publicly supported and donated nearly $40 million to the Democratic Party, helping them secure a majority in the Senate in the midterm elections. SBF's well-known political tactics are once again being discussed, with legal scholars also mentioning underlying ethical issues.

Biden's Democratic Party Wins Senate Control

According to data from the Associated Press, the Democratic Party, to which Biden belongs, has secured control of the Senate with a 50:49 advantage, marking the party's best performance in 20 years.

In the House of Representatives, they are trailing behind the Republicans with a count of 204:212.

Second Largest Donor to the Democratic Party: SBF

SBF had stated in a podcast in May of this year that he planned to donate over $100 million in political contributions before the next presidential election in 2024, with a cap of $1 billion, but he might consider donating more if Trump runs again.

Although SBF later retracted this astronomical figure, admitting he sometimes speaks too hastily, his donations to the Democratic Party still amount to nearly $40 million, second only to George Soros.

With FTX declaring bankruptcy, this could lead to a major source of political funding being cut off from the Democratic Party.

However, the Financial Times cited a Democratic Party political lobbyist working in the crypto industry:

The funding commitments made by SBF are always more extravagant than his actual actions.

Some believe that SBF's large political donations are only for his interests in the crypto field, pointing out that SBF's moves are just selecting targets related to crypto regulation, making donations, and assisting in primaries:

• Senator John Boozman of Arkansas: Responsible for cryptocurrency regulation in the Senate Agriculture Committee
• Senator Katie Britt of Alabama: Supporter of cryptocurrency
• Abigail Spanberger of Virginia: Supports the "Digital Commodity Consumer Protection Act" promoted by SBF
• Political Action Committee Web3 Forward: Supports Senate Finance Committee Chairman Ron Wyden

Duke University Law Professor James Cox mentioned that SBF's political donations are akin to the ethical issue stemming from the pharmaceutical Sackler Family's scandal, questioning whether politicians should reject or return the ill-gotten gains from SBF?