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Sam Bankman-Fried to Spend Donations for 2024 US Elections

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Sam Bankman-Fried, founder and CEO of the FTX cryptocurrency exchange, revealed that he may donate up to $1 billion to influence the 2024 United States presidential election campaign. ftx ceo "I would guess north of $100 million. How much more than that, I don't know. It really depends on what happens. It really depends on who's running for what where, and these things are super random, " Bankman-Fried said in an interview on the Pushkin Industries podcast. The 30-year-old billionaire, who has historically leaned Democrat, was among the top-20 biggest donors to Joe Biden's 2020 US presidential campaign, contributing $5.2 million to help Biden win over former President Donald Trump. When asked if he would be willing to donate $1 billion if Trump decides to run for re-election, the FTX chief said the figure is "something worth looking at." "I would hate to say a hard ceiling because who knows what's going to happen between now and then — but at le...