FTX warns it will claw back political donations and contributions
Cointelegraph
Published Dec 19, 2022 10:59PM ET
Updated Dec 20, 2022 12:40AM ET
Bankrupt cryptocurrency exchange FTX says it is considering using legal avenues to recover all payments and contributions handed out by its associated entities and former executives, which could include the millions in political donations made from its former CEO Sam Bankman-Fried.
In a Dec. 19 press statement, FTX said it had already “been approached by a number of recipients of contributions or other payments” that were made by, or at the direction of Sam Bankman-Fried or other officers, adding those entities have sought “directions for the return of such funds.”
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Written By: Cointelegraph
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