Cash is (fact?) king – If the leaders of crypto projects and exchange platforms generally remain quite discreet about their political guideliness, this is not the case Sam Bankman-Fried. The co-founder and CEO of the platform FTX has so already donated millions of dollars to make Donald Trump lose in the 2020 US presidential elections. He now announces that he will put much more to prevent him from returning.
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Sam Bankman-Fried spends lavishly against Trump
To avoid as much as possible the plutocracy by the wealthiest, France does not allow private donations to political candidates beyond 7,500 euros. And donations from legal persons (companies) are downright prohibited to limit any influence. In the United States, on the other hand, it is totally open bar !
After a donation of $5.2 million to support Joe Biden’s presidential campaign, Sam Bankman-Fried explains that he intends to spend insane amounts of money to block donald trump.
During an interview with the podcast show What’s your problem? The CEO of the crypto exchange FTX explained that he will be ready to put between 100 million and 1 billion dollars to prevent Trump from being re-elected. He also expressed his very American-centric :
“The United States has both a great opportunity and a great responsibility to the world to shepherd the West in a powerful yet responsible way. (…) [tout ce que les USA font] has a massive domino effect on what the future looks like. »
If we understood his aversion to Trump, Sam Bankman-Fried did not specify how much he would spend on support bitcoin adoption and cryptocurrencies, which nevertheless made him immensely rich. Somewhat paradoxically, the entity that seems to do most in the world today to help the advent of decentralized currencies is not a crypto exchange, but a country. It is obviously the Salvador, who managed to talk about Bitcoin to central bankers and representatives of financial authorities from 44 emerging countries.
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