Crypto billionaire could spend $1B for Democrats in 2024 election

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Crypto billionaire could spend $1B for Democrats in 2024 election
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Crypto billionaire Sam Bankman-Fried says he may be willing to back the Democratic Party with upwards of $1 billion if candidates like Donald Trump run in 2024.

But that number could jump times 10 if Donald Trump makes another bid for the commander in chief role, Bankman-Fried said, adding he has a "soft ceiling" of $1 billion."It really does depend on what happens. It's really dependent on exactly who's running where, for what," he said while on the Pushkin Industries podcast "What’s Your Problem."

President Joe Biden walks past members of the media as he and first lady Jill Biden leave the White House Feb. 27, 2021, en route to Wilmington, Delaware. The crypto billionaire was reportedly one of the biggest donors to President Biden’s 2020 presidential campaign.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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