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Episode 514: Revelations from Crypto CEO Sam Bankman-Fried Show How Reported – And Unreported -Money Funds Our Candidates
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The American Democracy Minute Radio Report & Podcast for May 3, 2024
Revelations from Crypto CEO Sam Bankman-Fried Show How Reported – And Unreported -Money Funds Our Candidates
In our final Dark Money report this week, we revisit Sam Bankman-Fried’s frank admissions of buying influence with U.S. politicians. Bankman-Fried was sentenced in March 2024 to 25 years for defrauding investors of $8 Billion dollars from his crypto customers. Brian will be back on Monday with a new American Democracy Minute Radio Report.
Articles & Resources:
Journalist Tiffany Fong – Interview with former FTX CEO Sam Bankman-Fried (Campaign donation discussions at 13 minutes)
CNBC – Former FTX CEO Sam Bankman-Fried hit with campaign finance complaint over GOP ‘dark’ money
Forbes – Sam Bankman-Fried says he donated just as many millions to Republicans as Democrats, but didn’t publicize it because reporters would ‘freak the f–k out’
The Hill – FTX founder Bankman-Fried’s campaign finance charges ‘just the tip of the iceberg
OpenSecrets.org – Largest Campaign Donors
Groups Taking Action:
Citizens for Responsibility & Ethics in Washington (CREW), Public Citizen, Open Democracy
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