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> Bankman-Fried, the 30-year-old founder of the cryptocurrency exchange FTX, said in a podcast interview released Tuesday that he expects to give “north of $100
by donsupreme 4y ago
> Bankman-Fried, the 30-year-old founder of the cryptocurrency exchange FTX, said in a podcast interview released Tuesday that he expects to give “north of $100 million” in the next presidential election and has a “soft ceiling” of $1 billion, with his spending likely to be on the higher end if former President Donald Trump runs again.
isn't there a limit of how much one can spend for political donation?
- ProfXponent 4y agoYou must be new here. The United States has done everything possible to enable and encourage this kind of spending. If you don’t like it I would encourage you to establish a SuperPAC and fund it with a few $Billion to push through some reforms.
- Miner49er 4y agoFor certain types of political donation, but I think an individual can donate as much as they want to super PACs.
- tarmon 4y agoNot if you form a super PAC https://en.wikipedia.org/wiki/Political_action_committee#Super_PACs https://en.wikipedia.org/wiki/Political_action_committee#Sup...
- ipspam 4y agoNo and No, but maybe yes? There is the SuperPac, and then there is the private takeover of public elections under the guise of get out the vote. Or charities that are not allowed to be political but are. Pick your poison, whatever the law may or may not say, it's open season. The fact the media is openly shoving this down our throats says all you need to know. They don't care, they are going to do whatever it takes to win.