Elon Musk Says SBF Donations to Democrats ‘Probably’ Over $1 Billion

Elon Musk has alleged that the previous CEO of bankrupt crypto change FTX, Sam Bankman-Fried, has donated over a billion {dollars} to the Democratic social gathering to assist them within the elections.

• In a current dialogue on Twitter, Will Manidis, the Chief Govt Workplace of healthcare AI platform Science, referred to as SBF’s donations to politicians “one of many highest ROI trades of all time” as a result of it allowed him to not go to Jail for stealing over $10 billion.
• Participating within the dialogue was Elon Musk, who alleged that SBF’s “precise assist of Dem elections might be over $1 billion.”
• Musk additionally requested the place did that cash go.

That’s simply the publicly disclosed quantity. His precise assist of Dem elections might be over $1B. The cash went someplace, so the place did it go?

— Elon Musk (@elonmusk) December 3, 2022

• SBF is thought to have donated $5.2 million to Joe Biden’s 2020 presidential marketing campaign whereas additionally donating $10 million to assist Carrick Flynn – a candidate from the Democratic social gathering for a congressional seat in Oregan, who couldn’t win the elections.
• It’s additionally fascinating to notice that SBF stated again in Might that he may donate $100 million to 41 billion to the upcoming 2024 US Presidential Marketing campaign. He even referred to as the $1 billion a ” tender ceiling.”

As for the way way more than that, I don’t know. It actually does rely on what occurs. It’s actually depending on precisely who’s operating for what. […] Yeah, I feel that’s an honest assume to take a look at, as a type of… I’d hate to say arduous ceiling, however at the very least as type of a tender ceiling, I’d say.

• In fact, that was earlier than FTX filed for chapter.
• And whereas a few of his donations to the Democrats had been publicly disclosed, SBF admitted that he additionally donated to Republicans, however these haven’t been on the report.