A look at Sam Bankman-Fried's US lobbying, seeking to make CFTC, not SEC, oversee crypto markets and change how commodity futures markets operate in the US
In May, an eccentric 30-year-old cryptocurrency billionaire named Sam Bankman-Fried made a startling proclamation. Tweets: @bgurley , @ahcastor , @nickbaumann , @nickbaumann , @nickbaumann , @davidnir , @nickbaumann , @nickbaumann , and @smdiehl Tweets: Bill Gurley / @bgurley : Wow. This is quite a read. Billionaire Sam Bankman-Fried has a broader political agenda - Los Angeles Times https://www.latimes.com/... Amy Castor / @ahcastor : SBF plans to spend roughly $1 billion of his estimated $12.8-billion fortune on American politics. Where is this money coming from? Who is really paying for this? Are the questions politicians should be asking. https://www.latimes.com/... Nick Baumann / @nickbaumann : Also, SBF's co-CEO donated to a PAC that spent heavily in Boozman's primary: https://www.latimes.com/... https://twitter.com/... Nick Baumann / @nickbaumann : The senators who introduced a bill last week that would make one of the regulatory changes SBF seeks received significant donations from him this year: https://www.latimes.com/... https://twitter.com/... Nick Baumann / @nickbaumann : Some of the coverage of SBF's massive political spending has suggested that he's mostly concerned with pandemic preparedness. As Freddy shows, the billionaire's agenda is definitely broader: https://www.latimes.com/... https://twitter.com/... David Nir / @davidnir : The “iT's AbOuT pAnDeMiC pRePaReDnEsS!!!” bros were always fronting for one of the weirdest gaslighting cults https://www.latimes.com/... Nick Baumann / @nickbaumann : You'll be shocked, shocked to learn that a billionaire CEO who's giving lots of money to politicians is already making progress towards his regulatory-reform goals: https://www.latimes.com/... Nick Baumann / @nickbaumann : Sam Bankman-Fried, the 30 year old crypto billionaire who has vowed to become a political megadonor, has an agenda on the Hill that goes well beyond pandemic preparedness, @freddy_brewster reports: https://www.latimes.com/... Stephen Diehl / @smdiehl : More evidence of the corruption of American political life by offshore crypto money. https://www.latimes.com/...