Official statements or reports from the U.S. Department of Justice or involved organizations

US Government Seeks Return of $13.25M in Political Donations from Former FTX Executives, Sets January 15 Deadline

Nov 1, 2024, 09:31 PM

The U.S. government is seeking the return of $13.25 million in political donations made by former FTX executives, including Sam Bankman-Fried and Nishad Singh. The U.S. Department of Justice has been granted until January 15 to continue negotiations with Democrat-oriented PACs over the return of these funds. Additionally, FTX is aiming to recover $21 million through settlements with a bank and a charity organization.