Bankrupt crypto exchange FTX said it is asking politicians to return what could be $93 million in political donations by the end of the month. realDannyNelson reports
Sam Bankman-Fried showered politicians with tens of millions of dollars in campaign contributions before his FTX empire imploded last November. Now, the bankrupt crypto exchange wants that money back.
On Sunday, FTX Group said it is sending “confidential letters” to politicians and other political beneficiaries of Bankman-Fried, his deputies and his companies, asking them to return the money by the end of the month.the debtors said they “reserve the right” to try and force repayments – plus interest – through court action.
The announcement escalates a fight over as much as $93 million in political donations FTX made to an array of D.C. lawmakers and causes across the political spectrum. One in three members of the current U.S.
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