The US government and PAC negotiate to recover $13.25 million political donation from former FTX executives
2024-11-01 22:54:35
US government multiple political action action committee pac ftx former executive endowmentdesk3cryptocurrencydesktopCrypto News
The US government is negotiating with several political action committees (PACs) to return up to $13.25 million in political donations donated by former FTX executives. The request has been approved by Judge Lewis Kaplan, who is in charge of the FTX case, and the government will continue to discuss the forfeiture of the funds with the PAC until January 15. The data show that the donations were made by FTX founder Sam Bankman-Fried or former engineering director Nishad Singh, who testified that some of the donations were made at Bankman-Fried's request and had signed a blank check.
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