FTX founder Sam Bankman-Fried quietly purchased major Democratic data firm

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FTX founder Sam Bankman-Fried quietly purchased major Democratic data firm
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FTX founder Sam Bankman-Fried reportedly bought a major Democratic voter analytics software company over the summer, chasing away the firm's other investors.

, the disgraced founder of the bankrupt cryptocurrency platform FTX, reportedly purchased a major analytics firm dedicated to assisting Democratic campaigns over the summer.

The former FTX CEO reportedly gave assurances to Deck founder Max Wood that he could provide a financially stable path forward for the firm and bought out all existing investors. The purchase potentially gave Bankman-Fried access to a trove of Democratic National Committee information. Deck is available free of charge to Democratic campaigns nationwide thanks to a contract between the platform and the DNC.

Sam Bankman-Fried speaks during the Institute of International Finance annual membership meeting in Washington, D.C., Oct. 13.

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