Democrats Say They Will Return $3 Million Donated By FTX Executives

At a glance

  • FTX, which is now led by bankruptcy attorney John Ray, announced in a Monday press release that the company has been approached by “a number of recipients of contributions or other payments” from Bankman-Fried and other executives.
  • FTX filed for bankruptcy last month after users learned that the company was intertwined with sister firm Alameda Research.
  • The company will appeal to the United States Bankruptcy Court for access to all funds not returned voluntarily.

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