Elon Musk Claims SBF Donated Over $1 Billion to Democrats: ‘Where Did It Go?’

Elon Musk Claims SBF Donated Over $1 Billion to Democrats: 'Where Did It Go?'
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Many in the crypto space have accused the mainstream media of deliberately trying to water down the actions of FTX CEO Sam “SBF” Bankman-Friedincluding Tesla CEO Elon Muskwhich is on a self-proclaimed mission to position Twitter as “the most accurate source of information.”

As the world still recovers from the shock of FTX’s collapse and the realization that SBF has been siphoning off user funds and engaging in shady investment practices through its sister trading firm, Will Manidis, CEO of ScienceIO – a health data platform – tweeted, that SBF made one of the “highest ROI trades ever” by donating $40 million to the right politicians, which he claims enabled him to steal over $10 billion.

Musk responded to the tweet, claiming that the amount of money SBF actually donated to Democratic candidates is over $1 billion, which would be far more than the publicly disclosed $40 million. Formerly SBF authorized making “dark” donations to the Republican Party. Musk asked:

“His actual Democratic election support is probably over $1 billion. The money went somewhere, so where did it go?

Meanwhile, US House Financial Services Committee Chairwoman Maxine Waters, a Democrat, and Senior Member Patrick McHenry, a Republican, have requested that SBF appear at an investigative hearing scheduled for Dec 13.

Polygon CEO Ryan Wyatt responded to Waters’ request by stating that “it’s him [SBF] a criminal. What’s happening.”

Related: FTX collapse sparks curiosity about Sam Bankman-Fried, Google data shows

This latest backlash against SBF comes shortly after he gave interviews during the New York Times’ DealBook summit Good morning America.

During its so-called “apology tour,” SBF presented itself as a victim and even received a round of applause at the end of its appearance at the DealBook Summit. According to Twitter user and developer Naomi, “Watching the SBF interview is like watching Casey Anthony’s documentary. They’re so mechanical, they’re so inauthentic in their performance. If you feel any emotion at all, it slows people down. The way it is expressed is a separate subjective matter.”

Update (December 5, 22:10 UTC): This article previously stated that Bankman-Fried admitted to making backdoor donations to the Democratic Party. It was updated to reflect that his dark donations went to the Republican Party.