Sam Bankman Fried’s past political cash gives AI PAC fuel for going after NY state lawmaker Bores
The post Sam Bankman Fried’s past political cash gives AI PAC fuel for going after NY state lawmaker Bores appeared on BitcoinEthereumNews.com.
A political action committee with ties to major tech and crypto donors is raising the specter of disgraced ex-FTX CEO Sam Bankman-Fried to target New York congressional candidate Alex Bores as the state legislator faces a crowded Democratic field. A sharply worded mailer distributed by Think Big PAC told voters that the Democratic primary candidate for New York’s 12th Congressional District once got more than $100,000 in support from the former head of the failed global exchange, and alleges that “Bankman-Fried’s buddies are bankrolling Bores for Congress.” It also criticizes Bores’ campaign financing and positions him as out of step with constituents, urging voters to “do better than Bores.” The attack lands as Bores competes in a high-profile primary that has drawn several prominent Democratic contenders, including Jack Schlossberg — a member of the Kennedy family — and other well-connected figures such as George Conway. The race to succeed Rep. Jerry Nadler in the deep-blue Manhattan district is expected to be one of the most closely watched primaries in the 2026 cycle. “For someone who’s railed against deep fake AI, candidate Bores doesn’t seem to have trouble creating his own reality. He raked in over $100,000 from Sam-Bankman Fried’s sordid political network but refuses to acknowledge the connection” a spokesperson for Think Big PAC told CoinDesk, which confirmed the amounts through state elections filings. “Bores is entitled to his own opinion but not his own set of facts on the role SBF has played in bankrolling his political career.” Think Big PAC says it’s backing candidates aligned with pro-technology policies and opposing those seen as hostile to innovation of artificial intelligence. The group has previously deployed spending to influence Democratic primaries in Ohio. Bores, a first-term assemblymember representing parts of Manhattan, has recently drawn attention for introducing legislation focused on…
Filed under: News - @ March 20, 2026 9:27 pm