Democrats to reportedly return over $1M of SBF's funding to FTX victims

SBF's funds are no longer needed by the Democrats. Three democratic committees to return up to $1 million dollars to investors that lost their funds due to misappropriation.

White House silent on whether it will return $5.2M in donations from SBF

White House press secretary Karine Jean-Pierre refused to answer questions related to the return of SBF’s past donations to the party. When asked, she responded by saying that “I’m covered here by the Hatch Act,” which prohibits civil service employees, especially from federal agencies, from engaging in some forms of political activity.

Bankman was the second-largest “CEO contributor” to Biden’s 2020 presidential campaign, with his $5.2 million in donations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTX wants permission to sell FTX Japan and FTX Europe as well as LedgerXFTX has asked the Delaware Bankruptcy Court for permission to sell LedgerX, Embed, FTX Japan and FTX Europe, after CFTC Chairman Rostin Bernham noted that LedgerX has more cash than the rest of the debtors combined.
Read more »

FTX exec Ryan Salame turned on SBF; alerted authorities about alleged improper payments to AlamedaBankruptcy court filings reveal former FTX co-CEO Ryan Salame alerted Bahamian authorities to client fund transfers being sent to cover Alameda's losses.
Read more »

Securities Fraud Allegation against SBF, the disgraced ex-CEO of FTX | HackerNoonSecurities Fraud are the most common criminal charge for crypto scam. - sambankmanfried sbf
Read more »

Democrats set aside donations from ex-FTX CEO Bankman-FriedThe three primary committees charged with electing Democrats are setting aside more than $1 million in donations from disgraced crypto mogul Samuel Bankman-Fried this election cycle.
Read more »

Democrats set aside donations from ex-FTX CEO Bankman-FriedThe three primary committees charged with electing Democrats are setting aside more than $1 million in donations from disgraced crypto mogul Samuel Bankman-Fried this election cycle
Read more »