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.
“These recipients have requested directions for the return of such funds to the FTX Debtors. The FTX Debtors are working with these recipients to secure the prompt return of such funds to the FTX Estates for the benefit of customers and creditors,” the company said….