FTX Demands Return of Political Donations

The management of bankrupt cryptocurrency exchange FTX has requested the owners of political aid made by the past administration to return the funds.

FTX 5th of February In a press release published on Sam Bankman-Fried (SBF) political donations made by the company using company resources request refund announced what they did.

According to the statements made, the company stated that the funds were received in the letters they sent to the donation recipients. February 28 until refund He stated he wanted it done. In addition, donation recipients’ funds voluntarily return as not to It was also among the details reported in the press release that in the event of a lawsuit, a court action would be taken. Approximate amount of management’s total donation $93 million reported to have guessed.

FTX, if donation recipients do not voluntarily return funds by the specified date case and that from the date of filing the case, in addition to the funds received, accrual the one who interest the right to demand will keep stated.

On the other hand, FTX does not allow the donations received by the recipients. third to the parties donation aspect of sending the company’s right to reclaim donations that you do not prevent also highlighted.

source site-9