English
Spanish
Italian
French
Greek
Portuguese
Japanese
Danish
Dutch
Finnish
Croatian
Estonian
Filipino
Czech
Korean
Slovenian
Chinese (Simplified)
Chinese (Traditional)
Somali
Hebrew
Polish
Hindi
Hungarian
Slovak
Norwegian
Swedish
Persian
Romanian
Punjabi
Arabic
Ukrainian
Russian
Bulgarian
Indonesian
Bosnian
Afrikaans
Armenian
Albanian
Bankman-Fried, the founder and former CEO of FTX, made upwards of $40 million in donations to mostly Democratic lawmakers and groups during the 2022 election cycle.
FTX wants that money back by Feb. 28, warning recipients that making a donation to a third-party charity “does not prevent the FTX Debtors from seeking recovery from the recipient or any subsequent transferee.”
Officials from the Democratic National Committee, Democratic Senatorial Campaign Committee, and the Democratic Congressional Campaign Committee said in December that they would set aside contributions from Bankman-Fried while awaiting guidance from the government on how to return the donations.
FTX wrote in a press release on Sunday, “To the extent such payments are not returned voluntarily, the FTX Debtors reserve the right to commence actions before the Bankruptcy Court to require the return of such payments, with interest accruing from the date any action is commenced.”
unusual whales tweeted Sunday, “BREAKING: FTX is sending letters to politicians who received donations from FTX to return the money they received. There was not a list of the politicians they gave money to, and the amounts. Until now.”
BREAKING: FTX is sending letters to politicians who received donations from FTX to return the money they received.
There was not a list of the politicians they gave money to, and the amounts.
Until now.
See it here:https://t.co/uK8CTsLugJ pic.twitter.com/JnN2j8VFDL
— unusual_whales (@unusual_whales) February 5, 2023
ALX wrote, “BREAKING: FTX is sending confidential messages to political figures, Political Action Funds, and other recipients of contributions requesting they return payments that were made by or at the direction of Sam Bankman-Fried and others, according to a press release.”
Press release here: https://t.co/2HiWT7cgBK
— ALX (@alx) February 5, 2023
Biden Campaign and Spin Cycled Ukraine Aid That
Miraculously Wound Up
in 2022 Mid Term Political Candidates Coffers Will
Be Returned Promptly
Yeah right
FTX seeking return of Sam Bankman-Fried’s political donations https://t.co/DjituBTxS7 via @nypost— Tom Moore (@junogsp7) February 6, 2023
To get more information about this article, please visit NYPost.com. To weigh in, leave a comment below.
The post REPORT: FTX seeking return of Sam Bankman-Fried’s political donations appeared first on Dennis Michael Lynch.
Click this link for the original source of this article.
Author: Laurie McClain
This content is courtesy of, and owned and copyrighted by, https://dennismichaellynch.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
