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FTX Head Sam Bankman-Fried Backtracks on Political Donation
Summary: Head of crypto exchange FTX Sam Bankman-Fried backtracked on his decision of donating $1 billion in the next presidential election in an interview with Politico’s Morning Money. Earlier this year, Bankman-Fried said he would spend more than $100 million on future political compaigns. That statement was taken back in the Politico interview. Bankman-Fried spent almost ...
Head of crypto exchange FTX Sam Bankman-Fried backtracked on his decision of donating $1 billion in the next presidential election in an interview with Politico’s Morning Money.
Earlier this year, Bankman-Fried said he would spend more than $100 million on future political compaigns. That statement was taken back in the Politico interview.
Bankman-Fried spent almost $40 million on political action committees and campaigns this year, most of it going towards the Democratic party. He was one of Joe Biden's largest donors in the 2020 presidential election.
Author: Tris Bell
Tags: FTX,political campaigns,Presidential election
Link: FTX Head Sam Bankman-Fried Backtracks on Political Donation [Copy]
