A California ballot initiative that aimed to improve pandemic preparedness by taxing the rich has hit a major roadblock after one of its primary backers, Sam Bankman-Fried, was found guilty of carrying out one of the largest frauds in recent history.
The convicted cryptocurrency executive was a major backer of a ballot measure to tax the wealthy to pay for pandemic preparedness. Since his arrest, contributions have dried up.
The convicted cryptocurrency executive was a major backer of a ballot measure to tax the wealthy to pay for pandemic preparedness. Since his arrest, contributions have dried up.