Musk denies SBF gave Democratic legislators $40 million before the 2022 midterms. He claims over $1 billion.
He asks why SBF chose to withhold precise figures and, if the sum is accurate, where the remaining funds went.
Legislators $40 million in the run-up to the 2022 midterm elections. He claims it is more than $1 billion.
Elon Musk, the inventor of Tesla, believes that SBF has given more than $1 billion to Democratic candidates. He questions SBF's decision to conceal specific numbers and, if the amount is accurate, where the remaining monies went.
Sam Bankman-Fried, the founder of FTX, and other members of his team rose from relative anonymity in Washington to rank among the largest political donors in the US in less than 18 months.
An independent agency that analyses campaign donations, however, has confirmed that Mr. Bankman-Fried personally donated $40 million to candidates and political action committees in the run-up to the 2022 midterm elections, primarily to Democrats and liberal organisations.
Only George Soros donated more to Democrats overall during that election cycle than Mr. Bankman-Fried at the time. The 11th highest donor to the Republican Party was Mr. Salame.
He said, "I unintentionally mixed up cash." […] Alameda's position was so large that I was actually taken aback by it, which indicates yet another oversight error on my side in failing to designate a principally responsible party.
Text messages during that time revealed that SBF and Musk were introduced in March by Will MacAskill, an Oxford Philosophy Professor who is alleged to have counselled SBF on "effective altruism" principles. This information was made public as part of Twitter's lawsuit requiring Musk to accept his takeover offer.
Elon Musk, the founder of Tesla, and SBF were both "glad to discuss about Twitter (or other stuff whenever!)" at the time, SBF said.