View source for FTX Founder Sam Bankman-Fried Paid 5million For Analytics Firm

Disgraced former  CEO Sam Bankman-Fried purchased a voter analytics company dedicated to helping Democratic campaigns, according to new repor into a swath of major media companies.<br>FTX filed for bankruptcy amid reports it owes billions of dollars to customers.<br>         Disgraced former FTX CEO Sam Bankman-Fried purchased Deck, a voter analytics company dedicated to helping Democratic campaigns, this past summer <br>         Bankman-Fried told Deck founder Max Wood (above) he would bring a financially stable path,  [https://www.cruisewhat.com/tocaya-organica-nutritional-information/ www.cruisewhat.com] according to Puck, and bought out all other investors in the firm during his acquisition.<br>In its November bankruptcy filing, it was revealed that Bankman-Fried individually owns Deck.<br>His purchase of the firm was part of an ongoing move to involve himself deeper in politics. <br>   RELATED ARTICLES              <br><br><br><br>Share this article<br>Share<br><br><br> 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 Business.<br>With the acquisition of Deck, it is likely Bankman-Fried gained access to significant Democratic National Committee data and information, as the service has a deal with the DNC which allows it to be provided free to Democratic campaigns.<br>         Deck offers predictive analytics for political campaigns, which can be used for targeting voters with information<br>         With the acquisition of Deck it is likely Bankman-Fried gained access to significant Democratic National Committee data and information, as the service has a deal with the DNC which allows it to be provided free to Democratic campaigns<br>In a February blog post, Wood explained how Deck's voter data helps Democratic campaigns.<br>'At Deck, we help progressive campaigns and organizations reach the right voters,' he wrote, 'To do that, we've developed models that predict who a voter will support, how elastic that support might be, how a voter might cast their ballot and more.'<br>'Then, to make those predictions actionable, we've built software that guides users through the process of building great lists for persuading voters, mobilizing supporters, and raising campaign funds across a range of outreach tactics.'<br>It is unclear how Deck will be affected by FTX's collapse. According to Puck, the firm has attempted to distance itself from FTX in the fallout and is searching for new investors.<br>         Bankman-Fried's purchase of the firm was part of an ongoing move to involve himself deeper in politics.<br>         FTX filed for bankruptcy amid reports it owes billions of dollars to customers<br>Bankman-Fried also reportedly financially backed half a dozen liberal media outlets including ProPublica, Vox and the Intercept.<br>In a letter to staff, the Intercept's acting editor-in-chief Roger Hodge said that due to the collapse of FTX, the news website is reliant on other donors 'stepping forward' to make up for the shortfall. <br>The letter stated the company had expected to receive $3.25 million from Bankman-Fried over the next two years, but that all further payments are on hold. <br>The Intercept received $500,000 from the disgraced CEO in September and another $250,000 was due in December.<br><br>adverts.addToArray({"pos":"inread_player"})Advertisement<br><br><br>data-track-module="am-external-links^external-links"><br>Read more:<br><br><br><br><br><br><br>DM.later('bundle', function()<br>DM.has('external-source-links', 'externalLinkTracker');<br>);