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FTX seeks to claw back political donations by the end of February

Summary by Ground News

The move is part of bankruptcy proceedings and an effort to repay the crypto exchange creditors. According to FTX, the defunct firm has recovered $5 billion in cash and liquid cryptocurrencies by Jan. 11. Total liabilities amount to nearly $9 billion, according to the statement.

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FTX asks for its political donations back

FTX's debtors are confidentially contacting "political figures, political action funds and other recipients."

2 years ago·Washington, United States

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FTX debtors want political donations returned by end of the month

The FTX debtors are giving politicians until Feb. 28 to return FTX-linked donations.

2 years ago

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FTX seeks to claw back political donations by the end of February

FTX\'s new management is sending messages to politicians and political groups to return donations by the end of the month.

2 years ago

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FTX seeks to claw back political donations by the end of February

FTX's new management is seeking to recover political donations made by Sam Bankman-Fried and other FTX executives until February 28.

2 years ago

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The Block broke the news in 2 years ago on Sunday, February 5, 2023.

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