FTX Bankruptcy Means $73 Million in Political Donations at Risk of Being Clawed Back
- At least $73 million of political donations are tied to FTX
- Money went to Democrats and Republicans, mostly through PACs
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At least $73 million of political donations tied to Sam Bankman-Fried’s FTX may be at risk of being clawed back as bankruptcy lawyers sort through the remnants of his crypto empire in search of assets to repay creditors.
The wide-ranging contributions from Bankman-Fried and two of his top lieutenants, Ryan Salame and Nishad Singh, include more than $6 million to a super political action committee for House Democrats, $3.5 million for the GOP’s Senate Leadership Fund and $3 million for a fund that backs Senate Democrats.