New FTX CEO Will 'Recover' Donations From Democrats Even If 'Not Returned Voluntarily' – DC Enquirer (dcenquirer.com)

The Democrat candidates and political action committees that received funding from the doomed cryptocurrency exchange FTX will be required to return the money

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Posted by Boyd Carter

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  1. Quoting from the article:

    “In a Dec. 19 statement, FTX told the public, “Recipients are cautioned that making a payment or donation to a third party (including a charity) in the amount of any payment received from an FTX Contributor does not prevent the FTX Debtors from seeking recovery from the recipient or any subsequent transferee.”

    This could spell trouble for any politicians who received funds donated from FTX to charity in an attempt to distance themselves from the scandal. They will still be subject to having those funds clawed back to FTX in order to assist defrauded investors.”

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