https://www.ft.com/content/428c7800-c72d-4c59-9940-4376fea6e263 https://www.ft.com/content/428c7800-c72d-4c59-9940-4376fea6e... > Sam Bankman-Fried stormed on

https://www.ft.com/content/428c7800-c72d-4c59-9940-4376fea6e263 https://www.ft.com/content/428c7800-c72d-4c59-9940-4376fea6e... > Sam Bankman-Fried stormed on to the US political scene with multimillion-dollar donations that led lawmakers, particularly Democrats, to believe he was ushering in the next generation of donors. But in a matter of days, his business empire collapsed into bankruptcy and the prospect of millions more in donations evaporated. https://fortune.com/2022/11/10/sam-bankman-fried-ftx-joe-biden-democratic-party-second-biggest-donor/ https://fortune.com/2022/11/10/sam-bankman-fried-ftx-joe-bid... (https://archive.ph/BBpQN#selection-417.0-424.0 https://archive.ph/BBpQN#selection-417.0-424.0) > The 30-year-old Bankman-Fried has been a major force in Democratic politics, ranking as the party’s second-biggest individual donor in the 2021–2022 election cycle, according to Open Secrets, with donations totaling $39.8 million. That ranks only behind George Soros (about $128 million) but ahead of many other big names, including Michael Bloomberg ($28.3 million). What’s more, he had promised to spend far more on Democrats moving forward, predicting in May that he’d fund “north of $100 million” and had a “soft ceiling” of $1 billion for the 2024 elections.