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Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback

Published 05/24/2022, 09:06 PM
Updated 05/24/2022, 10:40 PM
Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback

The billionaire founder and CEO of theFTX cryptocurrency exchange Sam Bankman-Fried has revealed he intends to spend anywhere between $100 million and $1 billion to help influence the 2024 United States presidential election campaigns.

In a podcast interview on May 24 Bankman-Fried was asked how much money he might donate during the next presidential election cycle, answering he’d give “north of $100 million” with a “soft ceiling” of $1 billion if he were to bankroll the person running against former president Donald Trump.

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