FTX Management ber politiker att lämna tillbaka donationer
- FTX management has sent a message to all the politicians to return the donations from the company’s former executives.
- Den nya ledningen har satt en deadline till slutet av månaden, enligt ett uttalande den 5 februari.
- SBF was the second-largest “CEO contributor” to President Joe Biden’s campaign and donated close to $5.2 million.
- The exchange has recovered around “$5 billion in cash and liquid cryptocurrencies” by January 11.
The collapse of former multi-billion dollar crypto exchange FTX has taken an interesting turn after new management took over the firm’s daily operations. Interestingly, the management is seeking to recover all the funds that the exchange can get its hands on in order to pay off its creditors and also allow its customers to withdraw funds from their accounts.
Det är avgörande att notera att ledningen också har skickat ett meddelande till politiker och politiska grupper i ett försök att återvinna de donationer som FTX hade gjort till dem under ledning av grundaren och ex-VD Sam Bankman-Fried, även känd som SBF i kryptogemenskapen. Den nya ledningen har satt en deadline till slutet av månaden, enligt ett uttalande den 5 februari.
“FTX Debtors are sending confidential messages to political figures, political action funds, and other recipients of contributions or other payments that were made by or at the direction of the FTX Debtors, Samuel Bankman-Fried or other officers or principals of the FTX Debtors (collectively, the ‘FTX Contributors’). These recipients are requested to return such funds to the FTX Debtors by February 28, 2023,” said the statement.
Å andra sidan, enligt FTX advokat Andy Dietderich, hade företaget framgångsrikt återhämtat sig around “$5 billion in cash and liquid cryptocurrencies” by January 11. Moreover, the total liabilities amount to nearly $9 billion for the crypto exchange. Interestingly, the company plans to sell $4.6 billion worth of non-strategic investments, including subsidiaries such as LedgerX, Embed, FTX Japan, and FTX Europe. These firms are separate from the company and have separate accounts as well.
It is also crucial to note that in 2022, SBF was the second-largest “CEO contributor” to President Joe Biden’s campaign and donated close to $5.2 million. Moreover, during the midterm elections, SBF acknowledged that he was a major donor to both Democratic and Republican candidates.
On December 19, 2022, the new management also announced a new pathway for all the politicians and political groups to repay the funds that were donated to them by the crypto exchange’s executives. Moreover, the donations that are not returned will have to be repaid with interest.
“To the extent such payments are not returned voluntarily, the FTX Debtors reserve the right to commence actions before the Bankruptcy Court to require the return of such payments, with interest accruing from the date any action is commenced.”
Enligt uppgifter delad by Unusual Whales, over 196 members of Congress accepted campaign contributions from FTX’s former executives like Ryan Salame, Sam Bankman-Fried, Nishad Singh, and others. As earlier reported by Bitnation, the holding company of Sam Bankman-Fried, Emergent Fidelity Technologies, har ansökt om konkurs in the same court as FTX to pursue a “form of joint administration” between the two bankruptcies. Moreover, Emergent also holds over 55 million Robinhood shares, which are currently worth almost $600 million.