Disgraced FTX founder Sam Bankman-Fried paid $5million for Democrat analytics ... trends now
Disgraced former FTX CEO Sam Bankman-Fried purchased a voter analytics company dedicated to helping Democratic campaigns, according to new reports.
Bankman-Fried paid $5 million of his own cash for the analytics start-up Deck over the summer.
The thirty-year-old told Deck founder Max Wood that he would bring a financially stable path, according to Puck, and bought out all other investors in the firm during his acquisition.
The platform offers predictive analytics for political campaigns, which can be used for targeting voters with information.
News of the acquisition comes days after it was revealed Bankman-Fried - whose crypto exchange sensationally collapsed earlier this month - had sunk tens of millions in funding into a swath of major media companies.
FTX filed for bankruptcy amid reports it owes billions of dollars to customers.
Disgraced former FTX CEO Sam Bankman-Fried purchased Deck, a voter analytics company dedicated to helping Democratic campaigns, this past summer
Bankman-Fried told Deck founder Max Wood (above) that he would bring a financially stable path, according to Puck , and bought out all other investors in the firm during his acquisition.
In its November bankruptcy filing, it was revealed that Bankman-Fried individually owns Deck.
His purchase of the firm was part of an ongoing move to involve himself deeper into politics.
During the midterm elections, he donated about $40 million to largely Democratic campaigns and said he wanted to donate about $ 1 billion by the 2024 elections, according to Fox
