Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback

Cointelegraph

Published May 24, 2022 09:06PM ET

Updated May 24, 2022 10:40PM ET

The billionaire founder and CEO of theFTX cryptocurrency exchange Sam Bankman-Fried has revealed he intends to spend anywhere between $100 million and $1 billion to help influence the 2024 United States presidential election campaigns.

In a podcast interview on May 24 Bankman-Fried was asked how much money he might donate during the next presidential election cycle, answering he’d give “north of $100 million” with a “soft ceiling” of $1 billion if he were to bankroll the person running against former president Donald Trump.

Continue Reading on Coin Telegraph