Failed Texas gubernatorial candidate Beto O’Rourke has claimed that he returned a $1 million donation from disgraced former FTX CEO Sam Bankman-Fried; however, it appears that he did not return all of the money, according to a report.
A spokesman for O’Rourke said in November that the campaign returned the “unsolicited” $1 million donation Bankman-Fried gave the Texas Democrat in October. An O’Rourke spokesman said that the refund was issued prior to FTX’s bankruptcy and the discovery of Bankman-Fried’s reportedly illegal business practices.But O’Rourke’s latest campaign filing contradicts those assurances. In a report last week, the campaign disclosed a $900,000 refund to Bankman-Fried on Nov. 4.
The campaign said it is holding on to the other $100,000 pending the outcome of the investigation of Bankman-Fried, who has been charged with campaign finance violations and fraud related to his cryptocurrency firm, FTX.The O’Rourke campaign said it will place the money in a fund for “victims of FTX’s collapse.” It is not clear why the campaign only reserved part of the donation for victims.
But an extra $100,000 on the books would come in handy for O’Rourke, whose campaign has just $212,356 cash on hand. It is unclear whether O’Rourke plans to run for office in the future. He lost by 11 points this year to Texas governor Greg Abbott . He lost a 2018 Senate race against Sen. Ted Cruz and dropped out of the 2020 Democratic presidential race two months before the first primary.
Neither Chris Evans, an O’Rourke spokesman, nor anyone from O’Rourke’s campaign responded to requests for clarification on these seeming inconsistencies, the Free Beacon reported. O’Rourke’s campaign has not said if they will return a $100,000 donation from FTX executive Nishad Singh.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Sam Bankman-Fried Posts Excel Docs That He Says Shows Nothing Was His FaultAccording to Substack author Sam Bankman-Fried's excel docs — delivered by way of newsletter — FTX US is solvent. The new FTX CEO says otherwise.
Weiterlesen »
BlockFi secret financials show a $1.2 billion relationship with Sam Bankman-Fried's crypto empireFinancial documents that were mistakenly uploaded from bankrupt crypto firm BlockFi show a $1.2 billion relationship with FTX and Alameda Research.
Weiterlesen »
Sam Bankman-Fried gave $400m to obscure crypto trading firmSam Bankman-Fried gave $400 million to an obscure crypto-trading firm cofounded by a Jane Street trader just 2 years out of college, report says
Weiterlesen »
Live From House Arrest, It's Anna Delvey Hosting a Dinner Party ShowHer dream guests include Sam Bankman-Fried, Elon Musk, and author Ottessa Moshfegh.
Weiterlesen »
The Crypto Industry’s Favorite Bank Is in Deep TroubleSam Bankman-Fried once lauded the tiny Silvergate Bank for being a key part of the crypto revolution. Today, the view is less rosy. mcelarier reports
Weiterlesen »
Chicken Fried Data: Chick-Fil-A Hit With Class Action Privacy LawsuitChick-fil-A violated one of the US' only federal privacy laws by sharing video viewership data with Facebook, according to a new lawsuit.
Weiterlesen »