Recently selected as the Democratic vice-presidential nominee, Harris' running mate, Minnesota Governor Tim Walz, received a $4,000 political donation in October 2022 from former FTX engineering director Nishad Singh. According to records of the Minnesota Campaign Finance Board, Singh sent the funds to Walz's re-election committee in October of that year. Following controversies surrounding FTX and Alameda Research's bankruptcy, Governor Walz later chose to return the donation. Governor Walz currently remains silent on policies regarding digital assets and blockchain technology, and has not explicitly stated his stance on cryptocurrencies. There is speculation within the community that given his approach to other issues like climate change, Governor Walz might favor stricter regulatory measures. According to Axios, Governor Walz does not own stocks, mutual funds, bonds, private equity, real estate, or cryptocurrencies, which may reduce conflicts of interest when formulating related policies.