FTX, a leading cryptocurrency exchange, announced on Nov. 11 it had filed for bankruptcy. Sam Bankman-Fried resigned as the company's CEO. He is a large donor to Democrats, but has also given to Republicans.
FTX partnered with a fundraising site called Aid for Ukraine, where people can donate cryptocurrency to help the country's war effort. FTX's role in the project was to facilitate the conversion of cryptocurrency into regular currency.
There's no evidence that U.S. aid money sent to Ukraine was then used to invest in FTX. Most U.S. aid doesn't go directly to the Ukrainian government, but rather through third parties like contractors or humanitarian groups.
Our ruling
An Instagram post claimed that U.S. aid money sent to Ukraine is being funneled back in the form of campaign contributions to Democrats through the now-bankrupt cryptocurrency exchange FTX.
FTX's former CEO was a large donor to Democrats, but has also given to Republicans. The company's connection to Ukraine was partnering with a fundraising site called Aid to Ukraine that allows people to donate cryptocurrency for the country's war effort. That money was then transferred to the Ukrainian government, not the other way around.
There is no evidence to support the claim. We rate this False.
Update, Nov. 16, 2022: This story was updated to include statements from the U.S. State Department, the United States Agency for International Development and Ukraine's Ministry of Digital Transformation that were received after publication. It also clarifies the job title for Alex Bornyakov. The rating is unchanged.
Multiple megachurches around the United States have been raising funds to help Ukrainians during Russia's invasion.
Gateway Church, another megachurch in Texas, has set up a crisis relief fund to support people in Ukraine and the surrounding region.
Saddleback Church, a megachurch located in Lake Forest, California, has an advance relief team connecting with local pastors in Ukraine and Poland who are caring for hundreds of Ukrainian refugees. The church's website features ways people can help and has provided multiple updates on its efforts in the region.
The Rock Church, a megachurch in San Diego, California, is directing people to its partner organization, Crisis Response International, and told PolitiFact that it's in the process of establishing a Ukraine relief fund.
Crossroads Church, an Ohio-based megachurch, partners with humanitarian and disaster relief organizations Convoy of Hope and World Vision, which both have operations on the ground in Ukraine.
Other church networks, like the United Methodist Committee on Relief and Catholic Relief Services, are collecting donations and deploying staff and resources.
We rate posts that say no megachurches are raising money for Ukraine relief False.
Several megachurches in the U.S. are actively raising funds to support Ukrainians in light of the Russian invasion. But social media posts have falsely claimed that “we haven’t seen a single American mega church offer anything to the Ukrainians.”
