In the News

Op-Ed: Sam Bankman-Fried Said He Exploited the Citizens United Decision. Oh boy, Did He Ever.

Jan 16, 2023

Tiffany Muller

(Democracy Paradox) Thirteen years ago, the Supreme Court handed down the Citizens United v. FEC decision, one of the most disastrous decisions in the Court’s history. Sam Bankman-Fried saw a broken system set up by the Citizens United decision and exploited it. He knew he could spend his wealth to hand-pick election winners and buy policy outcomes to avoid government regulations on cryptocurrency. The amount of dark money he gave Republicans made him the 3rd largest Republican donor in the 2022 midterms. No one wants billionaires and corporations to have more of a say in our system than everyday Americans. But right now, thanks to Citizens United, wealthy elites, like Sam Bankman-Fried and Peter Thiel, and corporate special interests, including Big Pharma and Big Oil, are able to drown out our voices.