Elon Musk: SBF Can Donate Over $1 Billion To Support Democratic Elections
Elon Musk revealed the actual number that SBF has contributed to the Democratic elections could be as high as $1 billion, the reported $40 million are only public figures.
On December 3, Elon Musk tweeted that former FTX CEO Sam Bankman-Fried (SBF) had publicly donated $40 million to the Democratic Party and may have actually donated more than $1 billion to support the Democratic Party’s election.
As previously reported by PANews, the SBF also announced that it intends to invest between $100 million and $1 billion in political donations for candidates competing with former President Trump in the next US presidential election in 2024.
As mentioned in a previous Coincu News article, US Congressman Tom Emmer reportedly received a report that SEC Chairman Gary Gensler is helping SBF and FTX to exploit legal loopholes to achieve regulatory monopoly status.
During the FTX bankruptcy investigation, a lot of evidence also discovered that SBF had deep ties to US regulators. However, the FTX crash causes damage and the consequences can be enormous. Therefore, the relationship is also difficult to save the situation. Many politicians who have received support from SBF and FTX have also turned their backs and canceled this relationship.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Foxy
Coincu News
Author
News
Elon Musk: SBF Can Donate Over $1 Billion To Support Democratic Elections
Elon Musk revealed the actual number that SBF has contributed to the Democratic elections could be as high as $1 billion, the reported $40 million are only public figures.
On December 3, Elon Musk tweeted that former FTX CEO Sam Bankman-Fried (SBF) had publicly donated $40 million to the Democratic Party and may have actually donated more than $1 billion to support the Democratic Party’s election.
As previously reported by PANews, the SBF also announced that it intends to invest between $100 million and $1 billion in political donations for candidates competing with former President Trump in the next US presidential election in 2024.
As mentioned in a previous Coincu News article, US Congressman Tom Emmer reportedly received a report that SEC Chairman Gary Gensler is helping SBF and FTX to exploit legal loopholes to achieve regulatory monopoly status.
During the FTX bankruptcy investigation, a lot of evidence also discovered that SBF had deep ties to US regulators. However, the FTX crash causes damage and the consequences can be enormous. Therefore, the relationship is also difficult to save the situation. Many politicians who have received support from SBF and FTX have also turned their backs and canceled this relationship.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Foxy
Coincu News
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