With most of FTX’s assets gone, either used to buy Bahamanian real estate, wasted on speculative splurges, or tossed to both Republican and Democrat politicians like Caligula flinging gold to the masses, some of the lower-profile but highly important donations or purchases SBF and those connected to him made have flown under the radar, until now, at least.
Among those purchases was SBF’s buying of “Deck,” a startup firm meant to give Democrat political campaigns a step up by providing them with advanced voter targeting capabilities rooted in its predictive analytics. Describing what it does in a February blog post, Deck said, “At Deck, we help progressive campaigns and organizations reach the right voters. 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.”
SBF paid $5 million out of his own pocket for the startup, with Fox Business reporting that SBF completed the acquisition by convincing the “Deck founder Max Wood that he could provide a financially stable path forward for the firm and bought out all existing investors.”
Fox Business, adding details on what SBF might have acquired when he bought Deck besides just a platform with which he could help the Democrats that he donated so much to during the 2020and 2022 election cycles, noted that:
The purchase potentially gave Bankman-Fried access to a trove of Democratic National Committee (DNC) information. Deck is available free of charge to Democratic campaigns nationwide thanks to a contract between the platform and the DNC.
The nature of the purchase of a data firm meant to target voters with highly tuned messaging rooted in data analytics seems particularly nefarious given that SBF and FTX had also spent tens of millions of dollars in media companies, companies of the sort that could capture the data needed for Deck. The Daily Mail reported on those media company investments, saying:
News of the acquisition comes days after it was revealed Bankman-Fried – whose crypto exchange sensationally collapsed earlier this month – had sunk tens of millions in funding into a swath of major media companies.
So, based on those reports from Fox Business and the Daily Mail, it would appear that SBF was able to acquire both a massive trove of data on Democrat donation patterns, donors and voter information while also snapping up equity in media companies that could feed ever-more data into the Deck analytics engine, giving him an immense amount of insight into how to help Democrats and thus leverage over that party.
SBF’s investments and the power provided by them could explain the current, insouciant attitude that the MSM and Democrats have so far had regarding his massive fraud operation, an attitude that Tucker Carlson pointed out and raked over the coals on last night’s monologue.
Perhaps SBF was snapping up assets that seemed valuable, given the high degree of importance placed on politics. But the nature of the assets acquired seems to point toward his aiming for something else, something that would grant him more knowledge about, and thus power over, the party in power.