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FTX's Sam Bankman-Fried Backtracks on $1B Political Donation, Calls It 'Dumb Quote'

The head of crypto exchange FTX is a political mega-donor and had earlier said he might donate up to $1 billion in the 2024 U.S. presidential election.

FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)
FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)