FTX Bankruptcy Puts $73 Million In Political Donations At Risk Of Clawbacks

True Pundit December 13, 2022

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At least $73 million in political donations tied to Sam Bankman-Fried’s FTX , showered mostly on high-ranking Democratic politicians, may be at risk of being clawed back through the crypto empire’s bankruptcy, as lawyers search for assets to repay creditors.

Hilariously, Bloomberg attempts top frame the contributions as bipartisan and “wide-ranging,” despite Bankman-Fried, who’s never met President Biden, being heralded as “one of the people most responsible” for Biden’s 2020 win.

SBF also donated to Democratic Rep. Ritchie Torres of New York, who just months ago was one of 8 members of Congress who lobbied against regulating crypto (and is now totally calling for an SEC investigation).

“Nobody ends up looking great in this,” says University of Rochester political science professor, David Primo. – READ MORE

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