Defend Our Future, a political motion committee funded by cryptocurrency billionaire Sam Bankman-Fried, has purchased greater than $420,000 in TV advertisements for the final week of February and the primary week of March, supporting the candidacy of political newcomer Carrick Flynn for Oregon’s new congressional seat.
It’s early within the major for such a major TV purchase—and will result in report spending for a congressional seat if that tempo continues. Bankman-Fried made his fortune with the Bahamas-based cryptocurrency change FTX, which sells Bitcoin, and he’s searching for to affect federal regulation of digital cash, Politico reported earlier this month. (It didn’t report the brand new spending in Oregon.)
“A tax-dodging billionaire within the Bahamas has no place in Oregon politics,” says Robin Logsdon, a marketing campaign supervisor for Intel engineer Matt West, one other candidate for Oregon’s sixth Congressional District. “I don’t assume the folks of the sixth District are going to let himbuy a seat for his good friend no matter how a lot he spends.”
Carrick marketing campaign supervisor Avital Balwit disputes the concept the candidate is pals with the billionaire: “Carrick has by no means met or talked to Sam Bankman-Fried.”
A consultant of Defend Our Future PAC didn’t return calls searching for remark.