Former FTX Executives Asked To Return $13 Million In Political Donations
The U.S. government is negotiating the recovery of approximately $13.25 million in political contributions made by former FTX executives, according to a recent federal court filing.
What Happened: The government has asked for an extension until Jan. 15 to continue discussions with several political action committees (PACs) regarding the potential forfeiture of these funds.
Judge Lewis Kaplan, who presides over the criminal case against ex-FTX CEO Sam Bankman-Fried, approved the request.
The PACs involved include Senate Majority PAC, Future Forward PAC, Future Forward USA Action, Emily’s List/Women Vote and GMI PAC.
These organizations generally support Democratic candidates or liberal causes.
The government’s filing states it is seeking additional time to engage with these PACs …
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