Crypto Exec Ryan Salame Donates Millions to GOP Candidates

Ryan Salame Believes in the Republican Party

Crypto Exec Ryan Salame Donates Millions to GOP Candidates

Ryan Salame is a 29-year-old libertarian-leaning republican who also works heavily in cryptocurrency. He runs FTX Digital Markets in the Bahamas where he presently lives, and he just shelled out more than $13 million of his own money to support a bunch of GOP candidates in the present midterm primaries.
Ryan Salame Believes in the Republican Party
The ironic thing about this situation is that recently Sam Bankman-Fried – who also is tasked with running FTX divisions – has shelled out a bunch of his own money as well, though much of his funds have gone to democrat politicians and candidates. It seems there are two mega FTX executives on opposite sides of the political spectrum.
At first glance, it really looks like Salame is the one who truly gets it, as democrats have done nothing but ruin cryptocurrency over the past year. The Biden administration has been disastrous for America and has imposed poor economic regulations that have seemingly increased inflation, which has caused the Fed to hike rates on a repeated basis. These hikes have really hurt bitcoin, bringing it down from an all-time high of about $68,000 per unit last November to just over $19,000 at the time of writing.
This is a loss of more than 70 percent, while the overall crypto space has lost valuation exceeding $2 trillion. Salame is smart enough to realize that if you want change, you need to incorporate it yourself. He likely sees how disastrous the democrat policies of both 2021 and 2022 have been for crypto and the American economy and is now working to instill proper change and see to it that the right candidates are elected to ensure crypto can survive.
It is odd that his 30-year-old counterpart Bankman-Fried gave money to opposing political forces. Bankman-Fried is now having to spend millions to bail out other crypto companies and give the space its due attention. Given that he runs one of the world’s most successful crypto exchanges, one would think he’d recognize the damage done by democrats and call for change, but he appears to be calling for the status quo.
Striving for Change in the Crypto Space
The fact is that the crypto arena cannot afford more weak leadership under Biden or any of his unqualified cronies. Salame is now pushing to make sure things are different going into 2023. In a recent interview, he stated:
I’ve had a ton of success on the private side in the business sector, and I think coming out of that, [I was] trying to think of ways that we could really benefit America and United States citizens — put something forward for future generations… Living through and going through COVID, it became abundantly clear that we’re not prepared for pandemics and not prepared for… future viral outbreaks.

Tags: FTX, Ryan Salame, Sam Bankman-Fried

Leave a Reply

Your email address will not be published. Required fields are marked *

New Brokers
2.8 rating
Buy & sell Crypto in minutes
3.0 rating
Note: Investing involves risks. You can lose your deposit. We advise you to only invest in financial products which match your knowledge and experience.
2.0 rating
Interactive Brokers attracts active traders with low per-share pricing, an advanced trading platform.
4.3 rating
eToro is the world’s leading social trading platform, with thousands of options for traders and investors.
AdonFinance
Risk Warning: The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory or other services by AdonFinance. In addition, the content of the website offers no opinion with respect to the suitability of any security or any specific investment. Trading foreign exchange, stocks, cryptocurrencies and commodities is potentially high risk and may not be suitable for all investors. The high level of leverage can work both for and against traders. Before any investment with any broker you need to carefully consider your targets, previous experience, and risk level. Forex trading can result in the loss of your money, as a result, you are expressly cautioned that you should never invest or trade with money that you cannot afford to lose. For the avoidance of doubt, AdonFinance's service provides Brokers reviews in the Financial market. AdonFinance, its subsidiaries, agents or affiliates will assume no responsibility whatsoever for your trading activity. © Copyright 2021 AdonFinance