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FTX asks for its political donations back

From axios.com

Bankrupt crypto exchange FTX is sending notices to former donor recipients asking for the donated funds to be returned, the company said in a press release Sunday. Why it matters: Former FTX CEO Sam Bankman-Fried and FTX Digital Markets Co-CEO Ryan Salame were two of the largest political donors during the last election cycle. Now the company’s debtors want the money back. • Bankman-Fried primarily backed Democrats and was the party’s second-largest donor last cycle with around $37 million in contributions. • Salame’s $19 million to Republicans made him the party’s 10th largest donor. The big picture: FTX's debtors ... (full story)

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  • Category: Entertainment News