Axios is positioning this announcement as FTX asking for political donations to be returned. However, the request is realistically from the FTX debtors.
(Via Axios) – Bankrupt crypto exchange FTX is sending notices to former donor recipients asking for the donated funds to be returned, the company said in a press release Sunday.
Why it matters: Former FTX CEO Sam Bankman-Fried and FTX Digital Markets Co-CEO Ryan Salame were two of the largest political donors during the last election cycle. Now the company’s debtors want the money back.
