Sam Bankman-Fried Is Not Alone: Some of History’s Greatest Monsters Were Democratic Megadonors

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“If I have seen further it is by standing on the shoulders of giants.” — Sir Isaac Newton

What happened: Sam Bankman-Fried, the digital guru who earlier this year pledged to spend as much as $1 billion in support of Democratic candidates, is under federal investigation after the cryptocurrency exchange he founded declared bankruptcy amid accusations of fraud and financial mismanagement.

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Why it matters: Bankman-Fried is the latest in a long line of Democratic megadonors to be accused of egregious criminal acts.

By the numbers:

  • $5,700,000 — The amount Bankman-Fried, aka “SBF” or “the next Warren Buffet,” donated to President Joe Biden’s campaign and other Democratic-aligned entities in 2020.
  • $40,000,000 — The amount SBF donated to political candidates and committees during the 2022 election cycle, the vast majority of which were aligned with the Democratic Party.
  • $15,600,000,000 — Bankman-Fried’s estimated net worth on Nov. 8, 2022.
  • $0 — His estimated net worth on Nov. 11, 2022…..

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Continue reading this article at The Washington Free Beacon.

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