The FTX Group has sent letters to politicians in the US demanding the return of tens of millions of dollars by February 28 that they received from the cryptocurrency exchange as donations.
Representatives of FTX send messages to everyone who was once supported by money by the former head of the exchange, Sam Bankman-Fried.
“If such payments are not returned voluntarily, FTX reserves the right to file suit in bankruptcy court to seek their return,”
says in a letter.
According to reports in the US media, it could be as much as $93 million.
Some recipients have already returned donations or have indicated their intention to do so. For example, members of the Democratic Party allocated more than $1 million for this back in December. However, there are also politicians who said that they had already transferred donations to charity. In response, FTX warned that their lawyers would do everything to return the funds.
“Recipients are cautioned that payments or donations to a third party (including to charity) will not prevent creditors from seeking compensation from the recipient of the donation or any other successor in title,” FTX said.
As part of its investigation into the collapse of FTX, U.S. Attorney’s Office indicted Bankman-Fried on eight felony charges that include wire fraud, conspiracy to commit commodities and securities fraud, and conspiracy to commit money laundering and campaign finance violations. . Former head of FTX pleads not guilty.
Source: Bits
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