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Crypto’s Bankman-Fried Gave $16 Million to Super PACs in April

  • Latest donations place FTX CEO among the top political donors
  • Democrats running for House are focus of groups he supported
Samuel Bankman-Fried 

Samuel Bankman-Fried 

Photographer: Sarah Silbiger/Bloomberg

Crypto billionaire Samuel Bankman-Fried poured $16 million into super PACs in April, making him one of the top donors to outside groups as the primaries get into full swing, according to the latest filings with the Federal Election Commission.

Bankman-Fried gave $10 million to Protect Our Future, a super PAC that says it’s supporting candidates who can help prevent the next pandemic. The group has spent $19 million to influence elections so far, all in Democratic House races. Its biggest outlay was $10.5 million to back Carrick Flynn, who ran for an open seat in Oregon’s 6th congressional district. Despite the support, he lost the primary to Andrea Salinas, a state lawmaker who could be Oregon’s first Latino woman elected to Congress should she win the seat in November.