One of the early investors in Semafor, the ambitious new media venture launched by two unrelated Smiths, Justin and Ben, was Sam Bankman-Fried, the now largely disgraced crypto tycoon. Just six months ago, SBF invested in Semafor’s initial $24.6 million Series A funding round – one of only five principal funders, apparently. After SBF’s fall, Semafor’s spokesperson issued a statement:
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Trump, Raking In Cash, Expands His Power in the G.O.P. Money World
President Trump is harnessing the Republican Social gathering’s all-encompassing deference to him to exert even better management over the G.O.P....