Thank Sam Bankman-Fried For Democrats’ 2022 Ground Game

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from The Federalist,

As new revelations come out about disgraced FTX CEO Sam Bankman-Fried and how he defrauded investors of millions of dollars only to spend their money on lascivious living and personal pet projects, one glaring fact remains: Bankman-Fried was the second-largest individual donor — with only George Soros topping him — to the Democrat Party during the 2022 midterm election cycle.

 But this isn’t new for Bankman-Fried, who’s been bankrolling Democratic politicians and causes since at least 2020. During that election cycle, he gave millions of dollars to then-presidential candidate Joe Biden as well as other Democrats. In an interview (pre-FTX collapse) titled, “Sam Bankman-Fried Wants to Save the World,” the then-billionaire said he would give between $100 million and $1 billion in the 2024 election.

Bankman-Fried is following in the footsteps of his mother, Stanford professor and Democratic activist Barbara Fried, who is the founder and president of the Silicon Valley-based leftist super PAC Mind the Gap. Mind the Gap was founded in 2018 to help progressive candidates win elections and funnel private donations to the Democratic Party. The group advises its ultra-left-wing (and ultra-rich) donors to fund 501(c)(3) voter registration nonprofits because “they are 2 to 5 times more cost-effective at netting additional Democratic votes” than advertising.

During the 2020 election, Mind the Gap told donors to give to three separate voter registration groups: the Voter Participation Center (VPC), the Center for Voter Information (CVI), and Everybody Votes (EV).

“At current funding levels, the VPC, CVI, and EV programs together will be the largest voter registration drive in US history. Fully funded, they are projected to add roughly 3,000,000 people to the voter rolls, chiefly from communities of color, and yield 750,000 additional net votes in the November 2020 election in competitive battleground states across the country,” reads a 2019 memo from Mind the Gap.“Historical data suggest that 40-50% of these new voters will go on to vote in the 2022 elections without any additional campaign or [get-out-the-vote] encouragement.”

Best of all, because these donations are tax-deductible, …

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