On December 18, according to the New York Times, citing anonymous sources, U.S. federal prosecutors are seeking more information about SBF and two executives working with it to provide political donations to Democratic and Republican lawmakers.
Prosecutors have contacted “representatives for campaigns and committees that had received millions of dollars from Mr. Bankman-Fried, his colleagues and their companies” since SBF’s arrest on Monday.
A prosecutor in the U.S. Attorney’s Office for the Southern District of New York sent an email to a law firm representing prominent Democratic political groups requesting information on donations from SBF and its associates.
Additionally, campaign groups, large super PACs, and Rep. Hakeem Jeffries all received emails. It is reported that after the FTX scandal broke, Jeffries and other politicians “either returned donations linked to FTX or gave the money to charity after the company became embroiled in scandal.”
According to previous news, the Democratic National Committee and the campaign committees of the Democratic Senate and House of Representatives said earlier this week that they planned to return more than $1 million in donations to SBF.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
Author
News
SBF Donations Are Scrutinized By US Prosecutors
On December 18, according to the New York Times, citing anonymous sources, U.S. federal prosecutors are seeking more information about SBF and two executives working with it to provide political donations to Democratic and Republican lawmakers.
Prosecutors have contacted “representatives for campaigns and committees that had received millions of dollars from Mr. Bankman-Fried, his colleagues and their companies” since SBF’s arrest on Monday.
A prosecutor in the U.S. Attorney’s Office for the Southern District of New York sent an email to a law firm representing prominent Democratic political groups requesting information on donations from SBF and its associates.
Additionally, campaign groups, large super PACs, and Rep. Hakeem Jeffries all received emails. It is reported that after the FTX scandal broke, Jeffries and other politicians “either returned donations linked to FTX or gave the money to charity after the company became embroiled in scandal.”
According to previous news, the Democratic National Committee and the campaign committees of the Democratic Senate and House of Representatives said earlier this week that they planned to return more than $1 million in donations to SBF.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
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