{"id":61961,"date":"2022-05-25T10:20:47","date_gmt":"2022-05-25T07:20:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61961"},"modified":"2025-09-05T15:13:37","modified_gmt":"2025-09-05T12:13:37","slug":"ftx-chief-to-spend-more-than-100-million-on-us-presidential-elections","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ftx-chief-to-spend-more-than-100-million-on-us-presidential-elections\/","title":{"rendered":"FTX chief to spend more than $100 million on US presidential elections"},"content":{"rendered":"

FTX, the cryptocurrency derivatives exchange, CEO Sam Bankman-Fried said he would devote substantial funds to campaigns related to the 2024 U.S. presidential elections. He said<\/a> this in the What\u2019s Your Problem? podcast with Jacob Goldstein.<\/p>\n

According to the head of FTX, he plans to donate more than $100 million over the course of the entire electoral cycle.<\/p>\n

\n

\u201cRegarding how much more, I don\u2019t know. \u2026 It really depends on who, where and what they run for. \u2026 I will pay much less attention to a political party from this standpoint and much more to prudent governance,\u201d Bankman-Fried explained.<\/p>\n<\/blockquote>\n

The host asked him to set a cap on donations, after which the exchange’s CEO named a figure of $1 billion.<\/p>\n

\n

\u201cYes, I think that’s a worthy thing to look at as something of a \u2026 I wouldn’t say it’s a hard cap, but at least as a soft cap,\u201d Bankman-Fried replied.<\/p>\n<\/blockquote>\n

In 2020, the head of FTX allocated $5.22 million<\/a> to Joe Biden’s campaign fund, becoming one of Biden’s largest donors.<\/p>\n

The next elections are scheduled for November 5, 2024. Earlier, Biden stated<\/a> his plans to run again. Trump has not ruled out<\/a> participating.<\/p>\n

As TIME <\/a> named Bankman-Fried among the 100 most influential people of 2022.<\/p>\n

Subscribe to ForkLog’s YouTube channel on YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

FTX CEO Sam Bankman-Fried said he plans to devote substantial funds to campaigns related to the 2024 U.S. presidential elections in the What\u2019s Your Problem? podcast with Jacob Goldstein.<\/p>\n","protected":false},"author":1,"featured_media":61962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1280,1403,26],"class_list":["post-61961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-elections","tag-sam-bankman-fried","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=61961"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61961\/revisions"}],"predecessor-version":[{"id":61963,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61961\/revisions\/61963"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/61962"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}