FTX Lawyers Escalate Threats To Politicians: Return Donations Or Be Sued
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
FTX bankruptcy attorneys sent out private letters last week to politicians and PACs who received donations from the ...
FTX specifically mentions Stabenow’s strategy of donating the funds. Charities receiving donations could be targeted for recovery.
FTX co-founder Sam Bankman-Fried was indicted earlier this month on eight federal counts, including improperly using customer deposits to fund political donations. He donated widely to politicians, mostly Democrats. They included Michigan lawmakers Senator Debbie Stabenow, Representative Haley Stevens, and Congressional candidate Carl Marlinga.
Lawmakers from both parties are washing their hands of donations from disgraced crypto king Sam Bankman-Fried amid his arrest in the Bahamas on Tuesday.