Crypto CEO Willing To Give at Least $1,000,000,000 To Influence Outcome of US Presidential Election

The founder and CEO of crypto exchange FTX says he is willing to give at least $100 million to the right candidate in the next US Presidential election.

In a new interview on the What’s Your Problem podcast, Sam Bankman-Fried says that he could spend a lot of money in the 2024 election cycle depending on who runs for president.

He says that he will probably make a large donation given the massive impact of the government.

“I think the United States has both a big opportunity and big responsibility to the world to shepherd the west in a powerful but responsible manner and that everything that we do there has massive, massive ripple effects on what the future looks like…

It follows that I might [donate a lot of money]. In the end that’s basically what I think. I think that there is, in some ways, surprisingly little money in politics given the sort of scope of its impact.”

The billionaire says he will likely give as much as $1 billion.

“I would guess north of a hundred million. As for how much north of that, I don’t know. It really does depend on what happens. It’s really dependent on exactly who’s running where, for what, like these are super contingent things, but I think that gives maybe some sense of what the scale might be here.

I think [$1 billion is] a decent thing to look at as, I would hate to say a hard ceiling because who knows what’s going to happen between now and then, but as at least a sort of a soft ceiling.”

He says he will likely exceed the $215 million he donated in the 2020 presidential elections.

“I think it is imminently possible. That would not surprise me.”

&nbsp Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Viktoria Kurpas

The post Crypto CEO Willing To Give at Least $1,000,000,000 To Influence Outcome of US Presidential Election appeared first on The Daily Hodl.