Democrats to reportedly return $1M of SBF funding to FTX victims


After the entrepreneur was indicted on eight counts of financial crime, three democratic committees, the DNC (DSCC), the DSCC (and the DCCC) pledged to return SBF’s political donations. News Collect this piece as NFTFollowing the conviction of Sam Bankman-Fried (ex-FTX CEO), three prominent Democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations. According to the Washington Post, the other two Committees, DSCC or DCCC, have reportedly promised to set aside $103,000 and $250,000 respectively. SBF admitted that it was a “significant donor” to both the left and right sides of the political spectrum. 1) I was a significant donor to both the D and R primaries.
SBF had earlier this year revealed plans to spend upto one billion dollars to influence the 2024 presidential elections. White House press secretary Karine Jean Pierre refused to answer any questions about the return of past donations to the party. When asked, she replied that “I’m covered by the Hatch Act,” which prohibits federal employees from engaging in political activity.


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