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Projectrage t1_j9qd9yj wrote

Reply to comment by CherenkovLight in FTX founder Sam Bankman-Fried indicted on new criminal charges, including campaign finance violations | CNN Business by spatenfloot

He was one of the largest contributor to Biden’s campaign, but somehow that’s not mentioned.

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jpiro t1_j9qpzqu wrote

The one time when "BOTH SIDES!" would actually be appropriate, and you whiffed.

"The campaign "involved flooding the political system with tens of millions of dollars in illegal contributions to both Democrats and Republicans made in the names of others in order to obscure the true source of the money and evade federal election law," the indictment states."

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TheCatapult t1_j9u80l9 wrote

My understanding is that his intention was to fund campaigns that were against regulating crypto. That isn’t really a party line issue and obviously is self serving, not ideological.

The only interesting part is that the funding of Republicans was much more obscured than the funding of Democrats.

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Projectrage t1_j9qrcu3 wrote

He was a major …major donor to the Democratic Party, he then gave 500,000 right before he filed for bankruptcy. Probably to get him out of his situation…or say he played both sides.

https://www.politico.com/amp/news/2023/02/02/sam-bankman-fried-republican-governors-00080946

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jpiro t1_j9qsmvc wrote

Lol, the article you posted isn't even about a donation from Bankman-Fried. It's from another FTX co-founder who's a major GOP donor.

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Jerrymoviefan3 t1_j9rj9c9 wrote

No he wasn’t since you can only give a relatively trivial amount to an actual campaign organization.

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