Note that your dollars were not replaced by FTX: you donated to Carrick’s campaign, whereas FTX’s donations went to a super PAC that did not coordinate with or made contributions to that campaign (it was this super PAC that spent millions in advertising). Of course, you may still be right that your donations were ineffective or even net negative, especially if your contribution resulted in increased ad spending by the campaign.
Note that your dollars were not replaced by FTX: you donated to Carrick’s campaign, whereas FTX’s donations went to a super PAC that did not coordinate with or made contributions to that campaign (it was this super PAC that spent millions in advertising). Of course, you may still be right that your donations were ineffective or even net negative, especially if your contribution resulted in increased ad spending by the campaign.