FTX seeks to claw back Sam Bankman-Fried’s political donations

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FTX seeks to claw back Sam Bankman-Fried’s political donations
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New FTX CEO John Ray and the company’s other caretakers reportedly said they have received inquiries from various recipients who want to give back the money.

New FTX CEO John Ray and the company’s other caretakers said they have received inquiries from various recipients who want to give back the money,The bankrupt company called on others who took money from Bankman-Fried and other FTX executives to return the funds.

He also poured money into media outlets such as Vox, ProPublica and Semafor, and nonprofits including Guarding Against Pandemics, an entityThe feds have accused Bankman-Fried of misappropriating billions of dollars in FTX customer funds. Bankman-Fried allegedly used the money to prop up his failing cryptocurrency trading firm Alameda Research and for his personal use — including the wave of political donations and real estate purchases.

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