Sam Bankman-Fried’s implosion took down Democrats’ second-biggest donor | Hacker News Reader

Sam Bankman-Fried’s implosion took down Democrats’ second-biggest donor

fortune.com

35 pointsalexfromapex37 comments

FTX's co-CEOs together donated tens of millions of dollars to both GOP and Democratic candidates in the midterms. Not exactly a partisan issue.

https://cointelegraph.com/news/sbf-has-been-a-significant-do...

92% went to democrats and SBF was planning to spend 1B to install who his handlers wanted as President. So no, it is a very partisan issue.

Try reading the very next sentence in the article.

> FTX co-CEO Salame favors the red side of the political divide, donating $23.6 million to Republican campaigns for the current cycle.

Chump change compared to SBF

The article states SBF spent less than twice that. What is your ratio to be called chump change?

The democrats should be required to be fined and return to users for all those fraudulent stolen dollars ...

These dollars too

>FTX co-CEO Salame favors the red side of the political divide, donating $23.6 million to Republican campaigns for the current cycle.

Apparently you guys dont believe in the money laundering, and know about the connections between all these people. Sometimes I am disgusted with how uninformed people are on certain subjects... I mean - this is fraud all the way to the DNC...

What connections between what people?

What is the evidence of the connections? Can you provide some links?

https://old.reddit.com/r/conspiracy/comments/yudy74/world_ec...

Now tell me how Bolsonaro, who gave the 2019 keynote at Davos, fits into the conspiracy.

Did bolsonaro launder money from the US >> Ukraine billions to >> ftx to >> DNC/GOP/pelosi/biden/whomever

Remember the trips that congress members took to Ukrain after giving money to Ukraine? Yeah - that was to ensure the laundering could happen and they were there to ensure their cut would com back.

There are articles already about ukrainian VIPS who have been buying luxury shit...

Pelosi is the most corrupt politician there is. McConnell is next.

If you disagree with me, then prove it with facts not downvotes... I follow these corrupt politicians closely - so GFSY with knee-jerk-uninformed responses and dont ask me for a master class in 30 years of my following all these POS daily.

EDIT: You asked about DAVOS...

Apparently you know nothing about DAVOS.

Thats basically like CES Las Vegas for the elite corrupt...

You clearly didn't understand the Reddit conspiracy theory you posted, which is about the World Economic Forum, which meets in Davos and had Bolsonaro as a keynote speaker. If you can't understand it, how can you expect the rest of us to understand the conspiracy theory?

You haven’t really substantiated anything you said with sources, I’d be interested in reading some if you have them.

Will the Democrats give back the donations that came from the ill gotten gains?

EDIT

I'm going to guess "make excuses and keep the money" is going to be the way forward, based on the downvotes.

It's sad that on HN you can no longer ask a question to see what points of view people might have, but instead just get a bunch of downvotes based on "I don't like the point of view".

Sounds like most the money went to pacs, which are independent of the candidates, so not sure how that would even work. Give back money that they didn’t get?

This is what I was thinking. Now these politicians are tied to a corrupt/fraudulent billionaire. Would you want your name attached to Madoff?

> Would you want your name attached to Madoff?

Nobody is naming a wing after the guy. It’s money legally spent. (Unless it was paid to SBF after FTX was insolvent.) In any case, gamblers haven’t historically been a sympathised-for victim.

I don't think that makes any sense if the money was spent.

Maybe support campaign finance laws instead of new spins on the southern strategy then

depends on the genealogy of that specific money

if that specific money wasn't embezzled then nah

It's clear you're working with some funny money when you have to ask whether it's fungible or not...

a standard that applies to all major banks equally

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