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FTX's Sam Bankman-Fried Says He Made Secret Donations to Republicans
Gizmodo

Posted on 12/01/2022 10:06:51 AM PST by GulliverSwift

Sam Bankman-Fried, the founder of FTX, says he donated equally to both Democratic and Republican politicians before his cryptocurrency platform filed for bankruptcy earlier this month, wiping out billions of dollars in customer deposits. And that fact is going to come as a real shock to right-wing political operatives on Fox News who’ve tried to claim Democrats were the only ones beholden to FTX cash.

“I donated to both parties. I donated about the same amount to both parties,” Bankman-Fried said, according to a November 16 phone call published to YouTube by crypto commentator Tiffany Fong on Tuesday.

Bankman-Fried’s claim paints an even more perplexing picture of a man who positioned himself as an ethical billionaire who was very publicly the second largest donor to Democrats in the 2022 midterm elections, but was donating just as much to the Republicans behind closed doors.

The 30-year-old Bankman-Fried, who’s reportedly still living in the Bahamas, said that he was able to make his donations anonymously because of Citizens United, a 2010 U.S. Supreme Court case that declared unlimited political donations were a form of speech and should be protected by the First Amendment. The case has allowed millions of dollars of so-called “dark money” to enter the political system without disclosures on who’s making the payments.

“[My Republican donations were] not generally known, because despite Citizens United being literally the highest profile Supreme Court case of the decade and the thing everyone talks about when they talk about campaign finance, for some reason, in practice, no one can possibly fathom the idea that someone, in practice, actually gave dark,” Bankman-Fried explained on the phone call.


TOPICS: Crime/Corruption; Politics/Elections
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Some of the donations of Bankman-Fried and FTX executives have come out but this suggests that he bought off a lot more Republicans than is currently known.

We need to find out who was on his payroll and what he got for his money.

1 posted on 12/01/2022 10:06:51 AM PST by GulliverSwift
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To: GulliverSwift; Admin Moderator

Whoops, I forgot the source link:

https://gizmodo.com/ftx-sam-bankman-fried-sbf-secret-donations-republicans-1849834727


2 posted on 12/01/2022 10:07:19 AM PST by GulliverSwift
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To: GulliverSwift

Are secret donations allowed?

Wouldn’t he have to disclose amounts, and to whom they were given?


3 posted on 12/01/2022 10:09:03 AM PST by EEGator
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To: GulliverSwift

Well gosh, if Mini Maddox says he made secret, anonymous donations to Republicans then it must be true. Why would anyone doubt anything he has to say?


4 posted on 12/01/2022 10:10:24 AM PST by Bubba_Leroy (Dementia Joe is Not My President)
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To: GulliverSwift

He says...Wait for the proof, I doubt it much more than a token gesture.


5 posted on 12/01/2022 10:11:01 AM PST by ImJustAnotherOkie
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To: EEGator
Are secret donations allowed? Wouldn’t he have to disclose amounts, and to whom they were given?

No and Yes.

6 posted on 12/01/2022 10:11:04 AM PST by 1Old Pro
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To: EEGator

You can donate to political action committees run or associated with politicians and they don’t have to be disclosed.


7 posted on 12/01/2022 10:11:15 AM PST by GulliverSwift
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To: GulliverSwift; 1Old Pro

Thanks.


8 posted on 12/01/2022 10:12:35 AM PST by EEGator
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To: EEGator

I’m pretty sure he gave much more money to Democrats than to Republicans.

You can’t always take a fraudster’s words literally.


9 posted on 12/01/2022 10:14:00 AM PST by x
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To: Bubba_Leroy

We already know that his co-CEO Ryan Salame was a huge Republican donor, more than $13 million:

https://www.businessinsider.com/ryan-salame-pandemic-preparedness-ted-budd-katie-britt-bo-hines-2022-9?op=1

FTX gave $1 million to Mitch McConnell’s PAC:
https://247wallst.com/investing/2022/11/28/ftx-donated-1m-to-a-republican-spac-two-weeks-before-bankruptcy/

Given what is publicly known about FTX donations, it is very likely that SBF was telling the truth here for once.


10 posted on 12/01/2022 10:15:11 AM PST by GulliverSwift
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To: GulliverSwift

Not that a criminal who rips off and steals hundreds of millions of dollars from innocent citizens could lie or anything.

But...

I think the little criminal democrat is lying.


11 posted on 12/01/2022 10:17:02 AM PST by GOPJ (Has Biden had dinner with an anti-evangelical? Will Schumer condemn him if he has?)
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To: GulliverSwift

Dark Money, donchaknow


12 posted on 12/01/2022 10:19:02 AM PST by FlyingEagle
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To: x

I don’t trust that guy at all.

I was more interested/wondering if we could find out who he gave to.


13 posted on 12/01/2022 10:19:31 AM PST by EEGator
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To: GOPJ

You’re deluding yourself then. FTX bought out both parties but the grifter Republicans are trying to deflect the blame. See my posts on this thread for documentation.

We’ll find out more of these FTX donations as they come out. But tens of millions already have become public knowledge.


14 posted on 12/01/2022 10:20:12 AM PST by GulliverSwift
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To: EEGator

See my post #10 for some details that have leaked. He basically was buying off some DC Republicans and “conservative” groups.

The biggest tell that this is true is that no DC “conservative” groups have denied it.


15 posted on 12/01/2022 10:21:44 AM PST by GulliverSwift
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To: GulliverSwift
Don't be so gullible, Gulliver......there is NO WAY IN HELL he "donated" the same amount to both parties....NO FREAKING WAY!!

HIS MOTHER IS A DEMOCRAT ACTIVIST!!! She's break his chicken leg if he did!

16 posted on 12/01/2022 10:26:28 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience)
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To: Ann Archy

A guy who stole billions of dollars from his customers would care what his mom thinks. Yeah right.

And again, his co-CEO has been shown to have given over $13 million to Republican campaigns. So this is very likely to be true what SBF said.


17 posted on 12/01/2022 10:31:47 AM PST by GulliverSwift
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To: GulliverSwift

Democrats are the party of criminals, groomers and thugs. If you don’t know that you just fell off a turnip truck.


18 posted on 12/01/2022 10:33:00 AM PST by GOPJ (Has Biden had dinner with an anti-evangelical? Will Schumer condemn him if he has?)
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To: GOPJ

Don’t be naive. Both parties are filled to the brim with the exact same types of people. Ted Cruz’s wife is a vice president with Goldman Sachs. Almost all of these people are globalist traitors.


19 posted on 12/01/2022 10:34:37 AM PST by GulliverSwift
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To: GulliverSwift

Sure, Sam. Sure…..


20 posted on 12/01/2022 10:38:45 AM PST by clintonh8r (Truth is hate speech to those who hate the truth.)
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