Konstantin Sokolov’s MAGA Donations More Than Double Elon Musk’s

Source: PANews / KuCoin, “Trump’s Midterm Election Donors Include Crypto.com and OpenAI”

February 4, 2026

Campaign finance disclosures show that donors from the AI and cryptocurrency industries are pouring millions into Republican super PACs ahead of the 2026 midterms. Konstantin Sokolov, a private equity investor from Russia, is among them.

Full list of notable donors:

  • Crypto.com (Foris Dax): $30 million
  • Greg Brockman (OpenAI) and Anna Brockman: $25 million
  • Jeff Yass (SIG): $16 million
  • Kelcy Warren (energy): $12.5 million
  • Konstantin Sokolov (TBD): $11 million
  • Extremity Care and affiliates: $10 million
  • Elon Musk: $5 million
  • Blockchain.com: $5 million
  • Asha Jadeja: $5 million
  • Ben Horowitz (A16Z): $3 million
  • Marc Andreessen (A16Z): $3 million
  • RAI Service Company (tobacco): $3 million
  • Julio Herrera Velutini and daughter: $3.5 million
  • Jeffrey Sprecher (ICE, NYSE): $2.5 million
  • Lynsi Snyder-Ellingson: $2 million
  • William E. Ford: $1.25 million
  • Jerry Jones (Dallas Cowboys): $1 million
  • John Hess (Chevron): $1 million
  • Susan Hess: $1 million
  • Warren Stephens: $1 million
  • Jared Isaacman: $1 million

According to KuCoin, Trump raised a total of $429 million, with his super PAC holding $304 million — tens of millions more than Democratic counterparts.

Context: Unlike corporate donors like Crypto.com ($30M) or individuals tied to visible companies (OpenAI’s Brockmans, Chevron’s Hess), Sokolov operates through IJS Investments — a private equity firm with a polished website that describes its focus as “critical infrastructure,” “telecommunications,” “energy,” and “financial services.” What it does not disclose: any specific portfolio companies, past investments, or sources of capital. The site offers vision statements but no verifiable track record. Sokolov’s $11 million in political donations thus raises the same questions as his other ventures: what interests does this money serve, and where did it come from?

Original: https://www.kucoin.com/news/flash/trump-s-midterm-election-donors-include-crypto-com-and-openai?lang=en_US&

https://www.panewslab.com/zh/articles/b243efe9-8d97-4b69-9517-d5a383d916e4

Archived copy: https://web.archive.org/web/20260401131958/https://www.kucoin.com/news/flash/trump-s-midterm-election-donors-include-crypto-com-and-openai?lang=en_US&

🏷️ Tags: Konstantin Sokolov, Political Donations, FEC, MAGA Inc., Donald Trump, IJS Investments, Chicago Booth, Crypto.com, OpenAI