steelceasar t1_j07v5xx wrote
Reply to comment by billfriedman9987 in Sen. Pat Toomey blocks landmark reform legislation to fight global money laundering by cpr4life8
Not only did he fund Republicans but unlike his contributions to Democrats, those contributions were made explicitly through dark money groups to create the appearance that he was a supporter of Democrats. His only real motivation was to make it easier to rip off people in his crypto ponzi scheme.
billfriedman9987 t1_j07wq9a wrote
>The complaint by CREW quotes an interview with Bankman-Fried, who is known as SBF, that suggests he donated up to $37 million or more to GOP-linked campaign efforts in a manner that avoided legally required public disclosure of those contributions.
Most of Bankman-Fried’s publicly disclosed campaign contributions, which totaled nearly $40 million in the 20222 election cycle, went toward Democrats, FEC records show.
But FTX donated $1 million to the Senate Leadership Fund, a super PAC aligned with Republican Senate Minority Leader Mitch McConnell of Kentucky.
The source of that contribution, according to the filing, is labeled as being West Realm Shires Services, the trading name for FTX.
West Realm Shires Services also contributed $750,000 to the Congressional Leadership Fund, a super PAC that backs Republicans running for House seats and supported by the House Republican leadership.
​
That's a good article and as I said money is going to both parties, but I wasn't aware it was so close.. Looks like just a touch more went to democrats, but still both at ~$40m.
We need to get big money out of politics.
Viewing a single comment thread. View all comments