Sam Bankman-Fried Ties Become Focus in NY-12 Democratic Primary

A pro-technology super PAC, Think Big PAC, has launched a campaign against New York Assemblymember Alex Bores in the crowded NY-12 Democratic primary. Mailers allege Bores received over $100,000 in support from Sam Bankman-Fried’s 2022 political network, linking the first-term legislator to the former FTX CEO.

The mailers criticize Bores’ campaign financing and frame him as disconnected from constituents, stating that “Bankman-Fried’s buddies are bankrolling Bores for Congress.” Think Big PAC backs candidates aligned with pro-technology policies and AI innovation, and it has spent hundreds of thousands of dollars on digital and television ads targeting Bores, including references to his past work at Palantir.

AI Legislation Draws Attention

Bores has introduced AI safety and accountability legislation in New York, aiming to establish guardrails on advanced systems. His policy work may have prompted scrutiny from industry-aligned groups and the PAC.

Political Context

During the 2022 cycle, Bankman-Fried and FTX executives supported candidates across the U.S., but Bores was one of only two New York state-level candidates to receive support from the SBF-affiliated PAC. Bores’ campaign has sent a cease-and-desist letter alleging defamatory statements, and the race remains a closely watched contest in Manhattan.

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