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Sam Bankman-Fried says he donated just as many millions to Republicans as Democrats, but didn’t publicize it because reporters would ‘freak the ---- out’
Fortune ^ | November 29, 2022 | MARCO QUIROZ-GUTIERREZ

Posted on 11/30/2022 1:56:41 PM PST by nickcarraway

Edited on 11/30/2022 6:20:14 PM PST by Jim Robinson. [history]

Sam Bankman-Fried’s donations to Democrats are well documented. In an interview released Tuesday, the former FTX CEO said he similarly funded Republican campaigns—but kept it quiet.

SBF was the second-largest Democratic donor during the last election cycle, and he told Fong he gave about the same amount to Republicans. Politicians including Sen. Kirsten Gillibrand (D-N.Y.), Rep. Jesus “Chuy” Garcia (D-Ill.), and Rep. Kevin Hern (R-Okla.) have since given the money back or pledged to after FTX imploded and rocked the crypto industry.


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: bitcoin; crook; crypto; cryptocurrency; ftx; lawbreaker; sambankmanfried; sbflies
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1 posted on 11/30/2022 1:56:42 PM PST by nickcarraway
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To: nickcarraway

What a load of bull.


2 posted on 11/30/2022 1:58:59 PM PST by glorgau
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To: nickcarraway

why give a dime to ANY politician?????

there are SOOOOOOOOOOOOOO many deserving people who could use help in this world !!!!!!!!

why why WHY do rich people find it so hard to find and help them?


3 posted on 11/30/2022 1:59:39 PM PST by TexasFreeper2009
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To: nickcarraway

“ Rep. Kevin Hern (R-Okla.) have since given the money back or pledged to after FTX imploded and rocked the crypto industry.”

I’m sure Mitch a s Kevin McCrooked will give theirs back any day now. I can just feel it. 😒


4 posted on 11/30/2022 1:59:41 PM PST by NWFree (Somebody has to say it 🤪)
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To: nickcarraway

You can’t hide that. If he didn’t report it he broke the law.


5 posted on 11/30/2022 2:00:15 PM PST by circlecity
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To: nickcarraway

He’s lying.


6 posted on 11/30/2022 2:03:53 PM PST by Spok (“You will own nothing and be happy.” )
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To: TexasFreeper2009

“why give a dime to ANY politician?????”

So when the government starts harassing you, you just make a few phone calls. It’s a racket. We do not have an honest government in this country. At any level.


7 posted on 11/30/2022 2:04:26 PM PST by dljordan
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To: Spok

I’ve seen a report somewhere. It looked about 85-15 Dem-Rep, maybe 90-10.


8 posted on 11/30/2022 2:05:16 PM PST by FreedomPoster (Islam delenda est)
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To: nickcarraway

Uniparty


9 posted on 11/30/2022 2:07:01 PM PST by Gulf War One
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To: nickcarraway

I believe him. 100%.....now WHICH Republicans did you launder $ to? Mitch for example.....


10 posted on 11/30/2022 2:10:08 PM PST by GenX4Real
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To: All

In the House, Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, recently told CNBC that the committee would play a role in scrutinizing FTX, adding the legislative body would “do everything that we can to expose any violations that were obviously made.”


11 posted on 11/30/2022 2:11:10 PM PST by Liz (Vox Populi, Vox Dei (voice of the people is the voice of God))
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To: glorgau

What? That Republicans would take his money? Are you new to the planet?


12 posted on 11/30/2022 2:11:15 PM PST by bigbob (z)
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To: nickcarraway

I’m sure he donated to Republicans, as we already know McConnell got some of the loot. But no way in hell were the amounts even-steven.


13 posted on 11/30/2022 2:11:21 PM PST by MayflowerMadam
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To: glorgau

Agreed. Spam Bankfraud is a compulsive liar and creep.


14 posted on 11/30/2022 2:11:34 PM PST by Kaiser8408a (z)
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To: bigbob

Congress...where people spend millions to get a job that pays “thousands”....


15 posted on 11/30/2022 2:13:04 PM PST by nascarnation (Let's go Brandon!)
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To: All
Bank for International Settlements on Twitter:
16 posted on 11/30/2022 2:13:56 PM PST by Liz (Vox Populi, Vox Dei (voice of the people is the voice of God))
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To: Liz
She blew him a kiss, didn't she? I'm sure the American people can trust that crooked committee.
17 posted on 11/30/2022 2:14:24 PM PST by centermass_socrates (Look into a conservative and see hope and virtue, look in a liberal and you only see meat.)
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To: circlecity

[You can’t hide that. If he didn’t report it he broke the law.]


An explanation for the exception to FEC donor disclosure requirements that has fueled a corner of the issue advocacy world.

https://www.opensecrets.org/news/2022/05/dark-money-gets-darker-with-less-disclosure-in-the-2022-election/
[Dark money is pouring into U.S. elections, but the vast majority of it is not being disclosed to the Federal Election Commission.

The 2022 election cycle has already attracted more than $115 million in contributions from and spending by 501(c) groups reported to the FEC, OpenSecrets’ new analysis found.

Many of the top spenders on so-called “issue” ads that mention candidates are politically-active nonprofits that do not disclose their donors. Issue ads aired on TV or radio are only required to be disclosed in the weeks leading up to an election, and online ads that avoid expressly advocating for an election outcome are not required to be disclosed at all.

Nonprofits that do not disclose their donors reported less than $3 million of their independent spending to the FEC during the 2022 election cycle as of May 19.

Most of the spending on these issue ads has not been disclosed to the FEC because they do not explicitly advocate for the election or defeat of a candidate within the weeks leading up to an election.

One top dark money spender that has yet to disclose any spending to the FEC is American Action Network, a 501(c) nonprofit aligned with House Republican leadership. According to analyses by OpenSecrets and the Wesleyan Media Project, the group has spent more than $9.5 million on TV ads mentioning House candidates and about $800,000 on Facebook ads during the 2022 cycle – none of which have been disclosed to the FEC. ]


Stephen Miller, one of Trump’s closest aides, is one of the players behind Citizens for Sanity, which has been funded by dark money (i.e. funding not subject to FEC donor disclosure requirements):

https://www.opensecrets.org/news/2022/09/new-dark-money-group-tied-to-former-trump-officials-launches-provocative-ads-ahead-of-2022-midterms/


18 posted on 11/30/2022 2:14:43 PM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room)
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To: nickcarraway

Even if he is telling the truth, which is doubtful, it doesn’t really make the situation much better. Oh, so both parties are in bed with crooks? Great.


19 posted on 11/30/2022 2:15:02 PM PST by cdcdawg (Hoes mad! LOL! )
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To: nickcarraway

SBF being interview IRT on CNBC NOW


20 posted on 11/30/2022 2:15:28 PM PST by thinden (buckle up ....)
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