4 ms·
Literally ~$50 million went straight to the Democratic Party as direct campaign donations. He stated he intended to give up to $1 billion to democrats. Millio
by siftrics 4y ago
Literally ~$50 million went straight to the Democratic Party as direct campaign donations.
He stated he intended to give up to $1 billion to democrats.
Millions more went to various other people in power who will now decide the fate of SBF.
Sources:
https://www.cnbc.com/2022/10/14/sam-bankman-fried-backtracks-from-1-billion-political-donation.html https://www.cnbc.com/2022/10/14/sam-bankman-fried-backtracks...
His Wikipedia page.
- leet_thow 4y agoInteresting. I was reading his bio and noticed the do-gooder activities he and his family are involved with. Funny how they end up defrauding people in the long run.
- siftrics 4y ago"Motivated largely by his own awareness of the discreditable nature of his secret behavior, the covert deviant develops a presentation of self that is respectable to a fault. His whole lifestyle becomes an incarnation of what is proper and orthodox."--Laud Humphreys
- CyberDildonics 4y agoThis is actually a common pattern. Hedge fund manager Kyle Bass has given presentations where he says that charitable works is actually one of a handful of factors they look for when assessing a fraudulent company because the correlation is strong.
- rabuse 4y agoHim and Hillary Clinton would get along great. Reminds me of her Haiti fraud.
- conanbatt 4y agoI didn't know it was that much - do you have a source for it?
- rkagerer 4y agoCould creditors make a case those were stolen funds and try to claw some back?