Bankman-Fried Turns Toxic in Congress Even Among Those He Backed

Lawmakers who received millions of dollars campaign donations from Sam Bankman-Fried could soon get something else from the former FTX chief executive officer: testimony under oath.

Recipients of those political contributions say they’re prepared to grill Bankman-Fried about why his crypto exchange suddenly crashed, potentially causing billions of dollars in losses for millions of FTX account holders. Before the collapse, he donatedtens of millions of dollars from his crypto-empire fortune to benefit Democrats, making him the second-largest donor to the party this election.

“He ought to be Exhibit A,” Senator Dick Durbin, the No. 2 Senate Democrat who received the ...