FTX creditors recover $14.50 million through political contribution settlement
2024-12-11 12:52:38
FTX's creditors team disclosed in court documents on Dec. 10 that it had successfully recovered about $14.50 million in November through a small claims settlement, mainly from previous political donations. The recovered funds include $6 million from the House Majority PAC and $3 million from the Senate Majority PAC. In addition, the Forward Action Fund, Mind the Gap, and American Road People also returned more than $1 million each.
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