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The Crypto Kings Are Making Big Political Donations. What Could Go Wrong?

1 month ago   |   By The New Republic

Sam Bankman-Fried has been looking to make a splash of sorts in the 2022 midterms. Oregon's Democratic primary was supposed to be part of that. Bankman-Fried, the 30-year-old crypto-billionaire, had poured $12 million in support of Carrick Flynn, one of a handful of candidates competing for the Democratic nomination in Oregon's 6th Congressional district. If Bankman-Fried's candidate had won, his support would immediately be seen as a key factor in Democratic primaries going forward. He'd be a player.
In the end, Flynn lost. Badly.
Andrea Solinas beat him roughly two-to-one. But...
Read more ...

 


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