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> Bankman-Fried was the second biggest Democratic-leaning megadonor this election cycle, according to OpenSecrets data. Only about $235,000 of his total politic

> Bankman-Fried was the second biggest Democratic-leaning megadonor this election cycle, according to OpenSecrets data. Only about $235,000 of his total political giving went toward Republican candidates. https://www.opensecrets.org/news/2022/11/megadonor-no-more-sam-bankman-fried-spent-his-way-into-the-good-graces-of-washington-then-lost-it-all/ https://www.opensecrets.org/news/2022/11/megadonor-no-more-s...

vkou 3y ago
SBF was giving to the dems, his Co-CEO of FTX, Ryan Salame was giving to the republicans. > FTX-linked donations last election cycle favored Democrats, with at least $44.6 million going to liberal candidates, causes and PACs, and at least $23.9 million going to Republicans. [1] You know who isn't going to be going to prison forever? Ryan Salame. He's looking at giving up his Porche, and ten years maximum, probably less, given that he's co-operating. [1] https://rollcall.com/2023/02/23/ftx-leaders-political-donations-topped-1m-weeks-before-bankruptcy/#:~:text=Overall%2C%20FTX%2Dlinked%20donations%20last,%2423.9%20million%20going%20to%20Republicans https://rollcall.com/2023/02/23/ftx-leaders-political-donati....
- theultdev 3y ago
  Sure, but the question was about which party SBF donated to. This thread and the article is about SBF. Though I do think Ryan Salame mainly donated to non-partisan crypto PACs, but quite a bit did go to Rs, including $400k to his girlfriend. But yeah, the plea deals are ridiculously lax, but SBF will just get pardoned by a outgoing D president like they did Susan Rosenberg, so he's good too.
gamblor956 3y ago
Only about $235,000 of his total political giving went toward Republican candidates. This is false. At trial, the prosecutors introduced evidence that more than $10 million went to Republican candidates, including the GOP Senate Minority Leader. Another $50+ million went to dark money organizations favoring Republican policies. All told, SBF and FTX (at SBF's direction) made over $100+ million in political donations, spread evenly between the two parties. https://www.cnbc.com/2023/10/20/sam-bankman-fried-ftx-allies-donated-millions-in-dark-money.html https://www.cnbc.com/2023/10/20/sam-bankman-fried-ftx-allies...
- theultdev 3y ago
  I posted what is known from Open Secrets. We will find out at the end of the trial what is ruled as valid evidence or not. (your source does not link "The documents" they reference so noone can verify)
  - gamblor956 3y ago
    ??? A jury does not generally review each piece of evidence to determine whether the evidence is "valid" or not. This evidence was already introduced at trial (in support of the conspiracy charges, since the campaign financing charge was dropped back in August). This means that the judge already reviewed it and deemed it to be valid, admissible evidence. (That happens before a trial, not after it, though in some cases may happen during a trial with the jury excused from the courtroom.) It's weird to blindly believe OpenSecrets, which also does not link to supporting documents, while disbelieving widely-reported news reporting that has been covered for the past year...without any refutation by the Republican beneficiaries of SBF's donations.
    - theultdev 3y ago
      https://docs.google.com/spreadsheets/d/13Wq2kPw3C4X_50Tqc8H9mMrNynuwTlURDX1QWT3T_ck https://docs.google.com/spreadsheets/d/13Wq2kPw3C4X_50Tqc8H9... Open Secrets' data is just processed FEC data, you don't have to "believe" Open Secrets, you can verify the numbers yourself: https://www.fec.gov/introduction-campaign-finance/data-tutorials/ https://www.fec.gov/introduction-campaign-finance/data-tutor... My point was we don't have the data you are referencing to verify it the same way. Or do you??? (a CNBC article w/ no reference does not count)

vkou 3y ago

SBF was giving to the dems, his Co-CEO of FTX, Ryan Salame was giving to the republicans. > FTX-linked donations last election cycle favored Democrats, with at least $44.6 million going to liberal candidates, causes and PACs, and at least $23.9 million going to Republicans. [1] You know who isn't going to be going to prison forever? Ryan Salame. He's looking at giving up his Porche, and ten years maximum, probably less, given that he's co-operating. [1] https://rollcall.com/2023/02/23/ftx-leaders-political-donations-topped-1m-weeks-before-bankruptcy/#:~:text=Overall%2C%20FTX%2Dlinked%20donations%20last,%2423.9%20million%20going%20to%20Republicans https://rollcall.com/2023/02/23/ftx-leaders-political-donati....

theultdev 3y ago
Sure, but the question was about which party SBF donated to. This thread and the article is about SBF. Though I do think Ryan Salame mainly donated to non-partisan crypto PACs, but quite a bit did go to Rs, including $400k to his girlfriend. But yeah, the plea deals are ridiculously lax, but SBF will just get pardoned by a outgoing D president like they did Susan Rosenberg, so he's good too.

gamblor956 3y ago

Only about $235,000 of his total political giving went toward Republican candidates. This is false. At trial, the prosecutors introduced evidence that more than $10 million went to Republican candidates, including the GOP Senate Minority Leader. Another $50+ million went to dark money organizations favoring Republican policies. All told, SBF and FTX (at SBF's direction) made over $100+ million in political donations, spread evenly between the two parties. https://www.cnbc.com/2023/10/20/sam-bankman-fried-ftx-allies-donated-millions-in-dark-money.html https://www.cnbc.com/2023/10/20/sam-bankman-fried-ftx-allies...

theultdev 3y ago
I posted what is known from Open Secrets. We will find out at the end of the trial what is ruled as valid evidence or not. (your source does not link "The documents" they reference so noone can verify)
- gamblor956 3y ago
  ??? A jury does not generally review each piece of evidence to determine whether the evidence is "valid" or not. This evidence was already introduced at trial (in support of the conspiracy charges, since the campaign financing charge was dropped back in August). This means that the judge already reviewed it and deemed it to be valid, admissible evidence. (That happens before a trial, not after it, though in some cases may happen during a trial with the jury excused from the courtroom.) It's weird to blindly believe OpenSecrets, which also does not link to supporting documents, while disbelieving widely-reported news reporting that has been covered for the past year...without any refutation by the Republican beneficiaries of SBF's donations.
  - theultdev 3y ago
    https://docs.google.com/spreadsheets/d/13Wq2kPw3C4X_50Tqc8H9mMrNynuwTlURDX1QWT3T_ck https://docs.google.com/spreadsheets/d/13Wq2kPw3C4X_50Tqc8H9... Open Secrets' data is just processed FEC data, you don't have to "believe" Open Secrets, you can verify the numbers yourself: https://www.fec.gov/introduction-campaign-finance/data-tutorials/ https://www.fec.gov/introduction-campaign-finance/data-tutor... My point was we don't have the data you are referencing to verify it the same way. Or do you??? (a CNBC article w/ no reference does not count)