FTX Asks Politicians Who Received Bankman-Fried Donations to Return Money

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.

BrainJuice20 SBF_FTX FTX_Official FTXREBOOT

SBF_FTX FTX_Official 🤡

SBF_FTX FTX_Official This turd needs him, his friends and his parents to return the money they took

SBF_FTX FTX_Official 😂🤣

SBF_FTX FTX_Official If that's the case, then ftx engaged in Quid Pro Quo. It sounds like ftx was expecting something in return. And since it didn't get it, ftx now wants its money back. Last time we checked, donations are given freely by donors without expecting anything in return. Legal action.

SBF_FTX FTX_Official Haha

SBF_FTX FTX_Official Lol...good luck with that!

SBF_FTX FTX_Official Is this legal. A donation is not a loan?

SBF_FTX FTX_Official Seems like the Courts would have demanded that return (ie, clawback), so as to free the recipients from legal prosecution (for receiving stolen goods) AND to provide some modicum of recovery to creditors, no?

SBF_FTX FTX_Official

SBF_FTX FTX_Official finally

SBF_FTX FTX_Official Back to the customers. Payback time for this AH

SBF_FTX FTX_Official Plus interest? Dang.

SBF_FTX FTX_Official oo, my money back 😗

SBF_FTX FTX_Official Hahaahha

SBF_FTX FTX_Official Fucxk man 🤓

realDannyNelson All been blown on cocaine and hookers by now

realDannyNelson yes, return it to the costumers. but not to ftx.

realDannyNelson Money given to politicians is like money given to charity organizations cannotberefunded.

realDannyNelson 🤣🤣

realDannyNelson Isn’t a donation a DONATION

realDannyNelson Scammer SBF_FTX

realDannyNelson What an unexpected (and potentially risky) move by FTX! It will be interesting to see how many of the political contributions they manage to recoup. Hopefully this sets a

realDannyNelson what a 💩💩💩 figure...

realDannyNelson hahahah, this is so funny..

realDannyNelson meme number?

realDannyNelson Rip. End of the chapter. The upcoming story we know it. Not happy end for him.

realDannyNelson or what?

realDannyNelson I love it! we get to see who kills who in jail. If it’s any of the politicians let’s agree now that it was suicide.

realDannyNelson So, does that mean FTX will return all of the deposits to the customers that deposited money into the platform? 🤔

realDannyNelson 😂😂😂😂

realDannyNelson

realDannyNelson NO RETURN, NO EXCHANGE POLICY

realDannyNelson Send them legal notices and publish them on Twitter 😂

realDannyNelson I’m sure they don’t actually expect to get money back, but they are just doing this to make a point before election time. Maybe hoping that casting light on Beiden and other politicians that accepted funds stolen from their voters may weigh on people

realDannyNelson Is this a 'please give us money back uwu' request or is it a legal procedure that would force politicians to give back donations?

realDannyNelson The very action of asking back for donations is an all-time low move.

realDannyNelson Social education for posterity: Bribe to scam the nation but don't get caught; if get caught, retrieve the bribes.

SBF_FTX__parody realDannyNelson US top politicians should help ftx to restart. It is a matter of national interests or rogue states like Iran and Russia will control of crypto market. Then deploying a digital currency as a usd competitor. This is a serious threat. POTUS VP

realDannyNelson And I want my taxes returned 😂

realDannyNelson

realDannyNelson Politicians:

realDannyNelson Thats not how it works

realDannyNelson 😱😱😱 Boy that’s going to cause some ruckus!!

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FTX debtors want political donations returned by end of the monthThe FTX debtors are giving politicians until Feb. 28 to return FTX-linked donations. Release SBF - everyone makes mistakes! so whats the threshold here? If someone gives me money, how long do I need to ensure its available incase the entity that paid me stole it? Returning donatios, Is that actually a thing? I've only heard it in cases of money laundering.
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How Crypto Advocacy Must Change Post-FTX CollapseWhile the financial impact of FTX's implosion is likely transitory, the shift in public perception of the crypto industry may be permanent unless crypto advocates take a more thoughtful and measured approach, CoinDesk Columnist chainyoda writes. Opinion. chainyoda Anodyne chainyoda I don't think so. chainyoda The United States government could pay everyone back their money by printing some USDC and giving everyone the value of their portfolio in USDC. You know that would make Bitcoin shoot lol.
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