Crypto billionaire Sam Bankman-Fried is Democrats' largest donor in May, giving more than $800K

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Crypto billionaire Sam Bankman-Fried is Democrats' largest donor in May, giving more than $800K
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The Democratic National Committee's largest donor for the month of May was crypto billionaire Sam Bankman-Fried, according to records posted on the FEC's website.

FOX Business’ Susan Li and Pantera founder Dan Morehead discuss the crypto market at the Consensus Conference in Austin, Texas.plans on contributing in 2024.

In an interview with the Pushkin Industries podcast "What’s Your Problem," he hinted that he could end up shelling out $1 billion — possibly more, for the"It really does depend on what happens. It's really dependent on exactly who's running where, for what," he said, adding, "[$1 billion] is a decent thing to look at as a — I would hate to say hard ceiling, because who knows what's going to happen between now and then — but at least sort of as a soft ceiling.

Chief Executive Officer of FTX Trading Limited Sam Bankman-Fried speaks during a House Committee on Financial Services hearing on Capitol Hill on Wednesday, Dec. 8, 2021 in Washington. At the same time, he said there was also a "very low" possibility that he donates zero funds for the Democratic Party in 2024 if he feels the campaigns are already secure. Bankman-Fried said he doesn’t care so much about party politics but said he will put his money behind "sane governance," adding he believes the U.S. has a responsibility to "shepherd" the world in a "powerful but responsible manner.

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