FTX Asks Politicians to Voluntarily Return Billions in Sam Bankman-Fried Donations Amid Mounting Debts

FTX Asks Politicians to Voluntarily Return Billions in Sam Bankman-Fried Donations Amid Mounting Debts
Then CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee on Capitol Hill, in Washington, on Dec. 8, 2021. Alex Wong/Getty Images
Katabella Roberts
Updated:
0:00

Failed crypto exchange FTX is asking politicians and charities to return the millions of dollars in donations they received from former CEO Sam Bankman-Fried in order to help pay off its mounting debts.

In a press release on Dec. 19, the company said that it has already been approached by a number of recipients of contributions or other payments that were made at the direction of Bankman-Fried, a prolific political donor.
Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
Related Topics