{"id":507422,"date":"2022-11-07T07:21:47","date_gmt":"2022-11-07T04:21:47","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/sbf-has-been-a-significant-donor-in-the-us-midterm-elections\/"},"modified":"2022-11-07T07:21:47","modified_gmt":"2022-11-07T04:21:47","slug":"sbf-has-been-a-significant-donor-in-the-us-midterm-elections","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/sbf-has-been-a-significant-donor-in-the-us-midterm-elections\/","title":{"rendered":"# SBF has been a &#8216;significant donor&#8217; in the US midterm elections"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a272f4777ff2\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a272f4777ff2\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/sbf-has-been-a-significant-donor-in-the-us-midterm-elections\/#%E2%80%9D_SBF_has_been_a_%E2%80%98significant_donor_in_the_US_midterm_elections_%E2%80%9C\" >&#8221; SBF has been a &#8216;significant donor&#8217; in the US midterm elections &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_SBF_has_been_a_%E2%80%98significant_donor_in_the_US_midterm_elections_%E2%80%9C\"><\/span>&#8221; SBF has been a &#8216;significant donor&#8217; in the US midterm elections &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvZTA4MjI1N2EtMWIzYi00Zjg3LWFjNGUtNjM3MWI3OWNlNDE5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-4b69a2fe>Crypto billionaire and FTX founder Sam Bankman-Fried have admitted to being a &#8220;significant donor&#8221; to both sides of the political spectrum ahead of the 2022 midterm elections.<\/p>\n<p>Days ahead of the U.S. midterm elections on Nov. 8, SBF told his <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> followers that he has given contributions to electoral campaigns on both sides of the fence.<\/p>\n<p>The crypto billionaire said that he has been \u201csupporting constructive candidates across the aisle to prevent pandemics and bring a bipartisan climate to DC,\u201d as well as \u201cworking with them to support permissionless finance.\u201d<\/p>\n<p>SBF added that working with FTX Digital Markets co-CEO Ryan Salame, he has signed up campaigns to accept crypto \u201cand gave some, including millions to Senate and House Republicans.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1) I was a significant donor in both D and R primaries.<\/p>\n<p>Supporting constructive candidates across the aisle to prevent pandemics and bring a bipartisan climate to DC.<\/p>\n<p>And working with them to support permissionless finance.<\/p>\n<p>\u2014 SBF (@SBF_FTX) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SBF_FTX\/status\/1588965163323265025?ref_src=twsrc%5Etfw\">November 5, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Earlier this year, Cointelegraph reported that SBF was planning to spend up to a billion dollars to help influence 2024 presidential election campaigns. His real plan is to bankroll the candidate running against former president Donald Trump. In 2020, SBF donated $5.2 million to the Joe Biden presidential campaign.<\/p>\n<p>According to Open Secrets, a platform following the money in politics, SBF is the sixth largest political contributor. The platform<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.opensecrets.org\/elections-overview\/biggest-donors?cycle=2022\"> reports<\/a> that he has made a total contribution of $39.8 million for the 2021-2022 cycle.<\/p>\n<p>Of that total, 92% has gone to the Democrats with the remainder going to Republican candidates and campaigns. FTX co-CEO Salame favors the red side of the political divide, donating $23.6 million to Republican campaigns for the current cycle.<\/p>\n<p>The top political contributor was billionaire investor George Soros who has pledged $128.5 million to the democrats. Billionaire venture capitalist Peter Thiel, who has backed several crypto startups, was ninth on the list with $32.6 million for the Republicans.<\/p>\n<p><strong><em>Related:<\/em><\/strong><strong><em> <\/em><\/strong><strong><em>US Election update: Where do the pro-crypto candidates stand ahead of the election?<\/em><\/strong><\/p>\n<p>Bankman-Fried also backs the political action committee (PAC) Protect Our Future, which was set up in January 2022 and has spent more than $9 million to support Democrat candidates.<\/p>\n<p>Crypto has become a point of contention in the midterms with a larger tech and crypto-savvy voter base now having a say. According to a recent survey by fund manager Grayscale, 38% of respondents will be \u201cconsidering crypto policy positions\u201d when choosing their candidates.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/sbf-has-been-a-significant-donor-in-us-midterm-elections\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; SBF has been a &#8216;significant donor&#8217; in the US midterm elections &#8220; Crypto billionaire and FTX founder Sam Bankman-Fried have admitted to being a &#8220;significant donor&#8221; to both sides of the political spectrum ahead of the 2022 midterm elections. Days ahead of the U.S. midterm elections on Nov. 8, SBF told his Twitter followers&#8230;<\/p>\n","protected":false},"author":1,"featured_media":507423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvZTA4MjI1N2EtMWIzYi00Zjg3LWFjNGUtNjM3MWI3OWNlNDE5LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[89897,74355,4941,70577,70288],"class_list":["post-507422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-sam-bankman-fried","tag-adoption","tag-donald-trump","tag-donations","tag-elections"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/507422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=507422"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/507422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/507423"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=507422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=507422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=507422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}