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xbactery t1_j3kbgms wrote

Even though it's a comedy, I wouldn't be shocked if some of those Charities were founded by FTX.

If you donate just two euros per day, SBF will be able to eat caviar for breakfast.

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Alkalinum t1_j3osveg wrote

Bankman-Fried's brother runs a non-profit charity called Guarding Against Pandemics. He received more than $12.1 million from Alameda in the last two financial years (so may have received more before that as well). Sams' mother ran Mind the Gap a SuperPAC for the democrats, and $1 million was donated to it from Nishad Singh - FTXs' Director of Engineering. Sam had a 'mentor' who worked in Oxford university, and the mentor ran multiple charitable consultancy agencies, the consultancy agencies he owned were pledged about $25-30 million by FTX, and Oxford University was pledged another $10 million or so. Democrat Politicians got $40 million donated to them, and there were also separate donations to Democrat aligned PACs and non profits that seem to be easily upwards of another $50 million+. Sam said he had donated about $40 million to Republicans, although I don't see any specific mention of specific donations or political groups for that. An FTX executive Ryan Salame did donate $17 million to GOP aligned groups.

Someone seriously needs to investigate these non profit organizations. Every rich prick has founded at least one and I can guarantee it's not because of their bleeding hearts to help people. I'd love to see how much money ends up back in the pockets of the founders and 'charity workers' through wages and expenses.

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ericfromct t1_j3m3kdx wrote

Wouldn't be surprising, so many large corporations have people on the board of the charities receiving the largest donations or just outright start charities to drop their taxable revenue

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