2022 Elections: Sam Bankman-Fried (SBF) & crypto political financing
Who is Dacey Montoya? Arizona PAC treasurer who received $28M from FTX
When a person is apart of the largest Crypto bankruptcy failure in U.S. history (valuated north of $30 billion) AND is putting in large amounts of cash to one political party’s PAC, one should wonder where that money went, and to whom or what districts?
Protect Our Future PAC, located in Phoenix, Arizona, received $27,000,000 from FTX CEO Sam Bankman-Fried/Prime Trust, LLC and $1,000,000 from Nishad Singh of FTX. This PAC is run by Dacey Montoya, listed as Chairman and Treasurer on submitted documents. (Dacey’s archived Twitter, Followers.)
Edit: 11/18/22
Protect Our Future was introduced in Politico on January 27, 2022. (Archive)
Dacey is quite the super-fan of Katie Hobbs, current Secretary of State, and CNN’s governor-elect to the great state Arizona. The state might not be so great anymore given the anomalies and obstructions noted in their 2020-22 elections that now take a week to tabulate up.
Edit: 11/19/ 2022. (From Facebook: Gathered by an anonymous resource.)
But one believes crypto regulation will follow after this crypto funding fiasco. It appears the Republicans received funding as well. That may be ultimately the endgame out of this $28,000,000 dump in. (The funding by a bankrupt crypto hustle - that filed just days after the ELECTION - creates a legislative imperative? Well, those D.C. apparatchiks appear to be itching for that now.)
Dacey’s Followers
Dacey’s ability to get $28,000,000 dumped into her crypto super PAC is impressive. This is more than tech bro Blake Masters received from the RNC (or Peter Theil), or Kari Lake. This should raise deeper questions.
Dacey’s other PACs haven’t been nearly as successful as this one fueled by SBF. And WE KNOW WHY.
PAC #1: https://www.opensecrets.org/political-action-committees-pacs/bajaaz-pac/C00696609/summary/2022 (Ann Kirkpatrick, $25,000 raised)
PAC #2: https://www.opensecrets.org/political-action-committees-pacs/liftoff-pac/C00785816/summary/2022 (Mark Kelly, $409,147 raised)
Bankman’s misappropriation of creditor funds from FTX, and Dacey’s transactions should be investigated thoroughly. The receipts and transactions were recorded going into this Arizona-located PAC, but came in via an Las Vegas, Nevada LLC - these are actually Sam’s early donations in 2022.
Page 7-8 of FEC.GOV filing of $14,000,000 transferred to Prime Trust LLC.
These political donations were routed through a Las Vegas financial infrastructure for Crypto exchange - but they were all SBF’s. According to Bloomberg, Prime Trust, “operates as a technology-driven trust company. The Company offers token and FIAT custody, funds processing, anti-money laundering and know your customer compliance, and transaction technology services. Prime Trust serves customers in the State of Nevada.”
Dacey funded 16 political campaigns in:
FL-10
FL-23
KY-3
NJ-8
NC-4
OH-11
IL-1
IL-4
IL-13
MI-13
NY-22
CA-37
CA-42
TX-30
GA-7
OR-6 (Note: Over $10,000,000 was spent on a Democrat primary loss. Leftists are attempting to buy seats to congress.)
Dacey also sent funds forward to her own Money Wheel, LLC, a political compliance firm according to her Facebook that she operates fully since 2017. (Archive) She transferred significant disbursement here. All total: $113,000 was transacted through to The Money Wheel since this PAC’s inception in January 2022.
Connections to Dacey
One of Dacey’s key followers is Tyler Hansen, Director at Uplift Tweets. [Archive.] Uplift Tweets is the tweeter feed for Upliftcampaigns.com which states that:
“Digital-first creative, ad-buying and strategy to help you raise money, build a following and persuade the voters you need to win.”
Uplift’s political tracking of PAC spending nationwide
Below: this is what Sam Bankman Fried’s mom, Stanford Law professor Barbara Fried, PAC does regarding ballots by mail.
Uplift Campaigns website lists their clients, which are numerous, and several stuck out, but the Arizona Education Association is linked directly to our Katie Hobb’s super fan in Dacey.
The AEA was involved in SB 1828 discussion regarding taxation in Arizona, resulting in a lawsuit. (Further discussed on Ballotpedia, SB 1828.)
Dacey’s connections to Uplift come further through Adam Kinsey, who lives in Phoenix, and was Pima County’s executive director of the Democratic Party. Or also Sam Almy, who follows Dacey on Twitter, and is “the voter file manager for the Arizona Democratic Party.”
Dacey, Crypto Followers, Stanford Ties & Regulation
Sam Bankman Fried fuel-injected an Arizona super PAC. Interesting that Dacey has followers from three-related crypto accounts as well.
The Crypto Monk (no tweets since late 2021) who runs the Delta Exchange that does “Call & Put Options on BTC, ETH, SOL and more.”
Brian D. Evans who tweeted this just days prior to FTX’s bankruptcy. Mr. Evans has some education affiliation to Stanford University in his past (undated). Sam Bankman’s mom is a law professor at Stanford as is Pamela Karlan.
Karlan is former DOJ official under Biden, who was writing nasty grams to Arizona regarding their canvassing and audit of the 2020 election in the Spring of 2021. Karlan was also instrumental at Facebook oversight board in early 2020 and testified at the Ukraine impeachment in late 2019.
Lastly, there is Jesse Hamilton. He is a managing editor at CoinDesk, regarding government dealings regarding crypto. Jesse’s timeline includes tweets:
These tweets avoided Arizona; and this Crypto live blog by Coindesk does not mention Arizona at all. This is funny given Jesse follows Dacey Montoya, the BIGGEST recipient of FTX’s SBF donations!
Why is that? Jesse only follows 1,002 people and Dacey has only 248 followers. Interesting his focus is on policy and regulation at Coin Desk, and one particular exchange seems to desire regulation.
“JH (9:33 p.m. ET): Some of the earliest East Coast states to close their polls started to hint at what all those talking heads have been talking about: The Republicans may find the momentum to seize the House.
….
…the House Agriculture Committee…. oversees the Commodity Futures Trading Commission. These are the panels where a lot of the most important work is going to be done on bills that one day regulate cryptocurrencies in the U.S.
Fortunately for the crypto industry, digital assets oversight isn't yet one of those categories that sends Democrats and Republicans into their trenches. Even with the bullets flying next year, lawmakers may still find a path through this neutral territory to make crypto legislation happen.”
FTX Cryptocurrency was used to finance an Arizona super PAC that supported 13 Democrat races. Now, the Democrat voter will get ALL the REGULATION of Crypto they desire. So much for that crypto-freedom bro.
FTX CEO Sam Blankman-Fried is the son of Democrat fundraisers Joseph Bankman and Barbara Fried, these crooks took billions from FTX crypto investors and laundered the money into the DNC to rig the 2018 and 2020 elections! Sam personally donated $40 million of customer money this year to the DNC for the 2022 election!
Bankman-Fried's girlfriend Caroline Ellison is the daughter of Glenn Ellison who works for SEC chairman Gary Ginsler, the person who regulates crypto... Wake up people!!!
Finance expert Mark Moss explains
https://youtu.be/OYQMcYCN2EA
Good stuff!! You just gave me so much to look through, thanks Jason!