While the majority of the coverage surrounding FTX has involved the utter lack of risk management, or indeed any sort of responsible management, at the crypto trading company, there’s another side to the story that the leftist media would obviously like to avoid digging too deeply into: the fact that Sam Bankman Fried (SBF) was a huge Democrat donor, donating tens of millions to the Biden Campaign and other candidates.
And while he was Biden’s second biggest donor in 2020, coming in behind only George Soros, he was also a major funder of leftist candidates in 2021-2022 as well, with FEC filings showing that SBF had donated approximately $38 million to various candidates and PACs over those years.
Among those candidates and PACs that SBF was donating too, the one that received the lion’s share of his donation dollars, Fox Business reports, was one called the Protect Our Future PAC. It was founded in January and is dedicated to promoting those candidates who are committed to preventing future pandemics.
The PAC’s website states:
Protect Our Future is an organization designed to help elect candidates who will be champions for pandemic prevention – candidates who, when elected, will have their eyes on the future.
Our country’s leaders failed to prepare for a pandemic experts warned for years was possible, and the result was more than a million preventable American deaths, trillions of dollars in economic damage, school closures, loss of freedoms, and untold suffering. Washington still has not learned its lesson, and has responded to the Covid crisis by underinvesting in pandemic prevention and leaving our country susceptible to another catastrophe, one that might be even worse next time. Our candidates are committed to safeguarding our nation from future global pandemics, so this is the last time in our lifetime, and our children’s lifetimes, that we will face the devastation that has gripped communities across the US since 2020.
A number of key principles govern the work we do and the candidates we support:
We can and need to act now to prevent the next pandemic.
We need real federal funding for pandemic prevention.
We must establish independent oversight of dual-use research including enforcement mechanisms to ensure safety and security.
We understand that government action can have a positive impact on people’s lives.
We believe we can take steps now to protect our future.
SBF initially funded it with a $9 million donation…then followed that up with another 18 million dollars in funding, with his $27 million in donations being 95% of the PAC’s funding. Most of the remainder came from another FTX executive, Nishad Singh, who donated $1 million. The PAC claims to be “bipartisan”, but gave only to Democrats.
But it wasn’t all that he donated to, as he funneled about $11 million to other leftist candidates and causes, with Fortune reporting that “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.”
By: Gen Z Conservative
"*" indicates required fields