FTX seeking return of Sam Bankman-Fried’s political donations

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.

“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,” FTX wrote in a press release on Sunday. 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.

Put this guy in jail

There’s no takesies backsies. What is he 5 years old? 😂

Why is this even news. I forsee not even one person returning the donation. None of them care about the people he fleeced.

From Joe Biden

Ha! Wonder how many donors going to give this a hard pass

Will Maxine return the money?

NO REFUND AFTER PAYMENT

From Mitch McConnell?

lol

Fetterman won't pay, just like Pelosi.

Every cent😎

SECGov GaryGensler SECEnfDirector SEC_tradingmkts IRS_CI USTreasury allowed public company, not paying their taxes, to offer your employees and family discounts on their offerings. Why do you allow this? IRS_CI 2020-002634/2020-007235 TIGTA TRN 2009-0433

Democrats will NEVER give the $$$ back. They will use some excuse like giving it to charity, but won't, and just keep/hide the $$.

Politicians should have no problem returning them. We shall see.

Good luck getting that back from politicians

It would be a nice a list of all the donations

2022 elections Samuel Bankman-Fried donation SBF_FTX Bitcoin SBF Alameda

Ha, ha, ha! The Campaign money has already been distributed to the family members of the Politicos! Good luck with that one 😃😅😅😂😂

The core issue how Biden's structures spent these donations from crypto FTX. One case: they sent $500,000 in Bitcoins to French Laurent Bachelier to finance Capitol Hill 1/6 faux play & then Bachelier committed suicide. One moment missed: Bitcoin blockchain remembers everything.

The key issue how Biden's structures spent these donations from crypto FTX. One case: they sent $500,000 in Bitcoins to French Laurent Bachelier to finance Capitol Hill 1/6 faux play & then Bachelier committed suicide. One moment missed: Bitcoin blockchain remembers everything.

The Democrats won’t return any money greed corruption

No

This should be no problem with the amount of money politicians are making in Ukraine.

Scam Bankrupt Fraud

Joe Biden must sell a house ! Haha.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Sam Bankman-Fried’s Psychiatrist Became a Key Player at Crypto Exchange FTXSam Bankman-Fried’s psychiatrist became a key player at crypto exchange FTX before and after its failure Between WSJ and toilet paper, toilet paper wins, even after you've used it. Entitled trash.
Source: WSJ - 🏆 98. / 63 Read more »

Sam Bankman-Fried's psychiatrist hired at FTX to 'coach' employees: ReportInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

FTX Asks Politicians Who Received Bankman-Fried Donations to Return MoneyBankrupt 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 realDannyNelson 😱😱😱 Boy that’s going to cause some ruckus!! realDannyNelson Politicians: realDannyNelson Thats not how it works
Source: CoinDesk - 🏆 291. / 63 Read more »

Google invests $300M in AI firm previously funded by Sam Bankman-FriedReports suggest Google has invested $300 million into an artificial intelligence company which previously received over $500 million from Sam Bankman-Fried and his former business partners. The news has Crypto Twitter wondering whether these funds will be used to pay back FTX creditors. Google's investment is basically GCP credit. Not real money they can spend elsewhere. Do well to understand that every dip in the price of Bitcoin provides a golden opportunity to accumulate. Keep it simple buy and hodl the bull run is inevitable. Everyone should however follow KeshGlover she’s a super underrated bitcoiner. Great tips,I’ve been doing great. Nobody is getting their money back 😂😂
Source: Cointelegraph - 🏆 562. / 51 Read more »

FTX seeks to claw back political donations by the end of FebruaryFTX's new management is seeking to recover political donations made by Sam Bankman-Fried and other FTX executives until February 28. RoKhanna are you going to give SBF his money back? You clearly defended him when regulators said FTX was dangerous awesome We urge you!! Lol
Source: Cointelegraph - 🏆 562. / 51 Read more »

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.
Source: TheBlock__ - 🏆 464. / 53 Read more »