FTX has begun clawing back the millions of dollars in political donations disbursed to politicians under founder Sam Bankman-Fried’s tenure and has announced a deadline for the return of the funds.
Recipients of FTX founder Sam Bankman-Fried’s political contributions who rushed to offload those funds to charity could still be on the hook for that money.
Lawmakers from both parties are washing their hands of donations from disgraced crypto king Sam Bankman-Fried amid his arrest in the Bahamas on Tuesday.