Mayoral candidate Jesus 'Chuy' Garcia's congressional campaign is set to return a $2,900 campaign contribution it received from the disgraced head of a cryptocurrency exchange that has since collapsed.
they would be “sending confidential messages to political figures, political action funds, and other recipients of contributions or other payments that were made by or at the direction of the FTX Debtors, Samuel Bankman-Fried or other officers or principals of the FTX Debtors.”García mayoral campaign spokesperson Antoine Givens said García’s congressional campaign received one of the confidential messages and said the campaign will return the money.
García received the $2,900 contribution from Bankman-Fried in June and as the scandal was engulfing Bankman-Fried and FTX last fall García donated the same amount of money to local charities. Givens said García was “the first Democrat in the Illinois Congressional delegation” to make such donations. Other Illinois politicians also received contributions from Bankman-Fried, among them Democratic U.S. Sen. Richard Durbin, downstate Democratic U.S. Rep. Nikki Budzinski and Ald. Gilbert Villegas, 36th, who ran unsuccessfully in the 3rd Congressional District Democratic primary election. All three previously said they donated the money they got from Bankman-Fried to charities.
The Durbin campaign did not immediately respond to questions about whether FTX called on them to return the money. Bankman-Fried faces charges he defrauded investors of billions of dollars. He’s free on $250 million bond awaiting trial.
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