Disgraced former FTX CEO Sam Bankman-Fried tried to build a political empire to rival Democrat megadonor George Soros.
that Bankman-Fried personally bought a Democrat startup, Deck, spending roughly $4 to $5 million to buy out the existing investors to the Democrat analytics firm. Bankman-Fried reportedly heard about the startup from Mind the Gap, a Democrat donor network founded by his mother, Barbara Bankman-Fried.
The purchase of Deck served as Bankman-Fried’s political scheme to be the “biggest donor in the Democratic Party,” even outshining Democrat megadonor.Bankman-Fried and Ryan Salame, co-CEO of FTX Digital Markets, as two of the largest donors to Republicans and Democrats last cycle. Bankman-Fried fell just below Soros as the largest Democrat donor.In all, Bankman-Fried donated roughly $40 million to Democrat politicians and PACs, while Salame gave about $23 million to Republicans and PACs supporting the GOP.
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