[OC] Which Political Groups did Former FTX Executives Donate to?Submitted by coingecko t3_114cs54 in dataisbeautiful
coingecko OP t1_j8vk2t1 wrote
FTX and its debtors are urging political figures and PACs to return donations before Feb 28, with the threat of a prospective bankruptcy court lawsuit.
We visualized the funds donated by former FTX executives Sam Bankman-Fried, Ryan Salame and Nishad Singh, based on political group and ideology.
Former FTX Executives contributed more than $80 million to political groups in 2022, of which liberal groups received the majority at 63%.
Bankman-Fried even pledged to donate up to $1 billion during the 2024 election cycle. 👀
Source: Data via OpenSecrets.org, original study published on https://www.coingecko.com/research/publications/ftx-political-donations
Tools used: Google Sheets, Figma
Staple_Diet t1_j8vt28l wrote
However, did he not go on record as saying he also secretly donated to GOP?
I find it hard to believe any publicly available financial information regarding FTX, this thing is like Enron^3.
airduster_9000 t1_j8w7omt wrote
All donations to republicans was "dark/hidden".
"“All my Republican donations were dark,” he said, referring to political donations that are not publicly disclosed. “The reason was not for regulatory reasons, it’s because reporters freak the fuck out if you donate to Republicans. They’re all super liberal, and I didn’t want to have that fight.”
Bankman-Fried’s undisclosed donations were made possible by the supreme court’s 2010 decision in the Citizens United case, which made it easier for donors to give large amounts of money anonymously and has led to more than $1bn being poured into federal elections since 2010."
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