FTX and its affiliated debtors have sent confidential letters asking politicians, PACs and other recipients of funds to return donations made by the crypto exchange once valued at $32 billion.
The recipients are being asked to return donations — or potentially face repercussions — to the now-bankrupt exchange, according to a Sunday statement from FTX.
The group, self-dubbed “FTX Debtors,” did not disclose which parties were involved, but said letters were sent to recipients that received payments from FTX debtors or the exchange’s former CEO, Sam Bankman-Fried, among others.
The statement requested funds to be returned by February 28 and shared a “special email account” for recipients to return funds to. Even if the recipient used the funds to make payments or donations to third parties — including charities — it doesn’t prevent them from …
