TAKE IT TO THE BANK: Dems silent on returning millions in donations from FTX founder
and the Senate Majority PAC together received $7 million from Bankman-Fried over the past two years, according to the Washington Post. Among Bankman-Fried's long list of charges are accusations that he conspired to violate campaign finance laws with eight-digit donations, raising questions for any political group that received funding from him.
Neither Democratic PAC would say whether it has plans to return any of the donations from Bankman-Fried, according to WaPo. Neither organization immediately responded to a request for comment from Fox News Digital.Sam Bankman-Fried, founder and former chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview.
U.S. Speaker of the House Rep. Nancy Pelosi speaks as she introduces President Joe Biden during the 2022 House Democratic Caucus Issues Conference. the 2022 midterm cycle,The disgraced crypto billionaire was arrested in the Bahamas on Monday evening, just as federal prosecutors in New York filed charges against him. The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission also filed charges against him on Tuesday.
Chairwoman Rep. Maxine Waters, D-Calif., and ranking member Rep. Patrick McHenry, R-N.C., prepare for the House Financial Services Committee hearing titled Investigating the Collapse of FTX, Part I. Bankman-Fried was denied bail during a hearing in the Bahamas on Tuesday. He was scheduled to testify remotely to the House Financial Services Committee on Tuesday, but his arrest prevented his appearance.
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US lawmakers set to grill Sam Bankman-Fried on the collapse of FTX | CNN BusinessWith his vast crypto empire in ruins, Sam Bankman-Fried is preparing to be grilled by US lawmakers who are demanding answers about how his digital asset exchange, FTX, came unraveled, leaving at least a million customers unable to access their funds.
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Ex-FTX CEO Sam Bankman-Fried says he will testify remotely before House committeeDisgraced former FTX chief Sam Bankman-Fried confirmed he will testify remotely on Tuesday before a House committee regarding the crypto exchange's collapse.
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FTX Founder Sam Bankman-Fried Arrested in BahamasThe former FTX chief executive was arrested after the U.S. Attorney for the Southern District of New York filed a sealed indictment, the U.S. attorney’s office said in a statement.
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FTX founder Sam Bankman-Fried arrested in Bahamas after U.S. authorities file criminal chargesBahamian authorities said they moved to arrest the FTX founder and former crypto billionaire after being notified that U.S. law enforcement officials had filed criminal charges and would seek his extradition.
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Former FTX CEO Sam Bankman-Fried arrested in Bahamas | EngadgetThe Bahamas Attorney General's Office announced Monday that Bankman-Fried has been arrested there and is likely to be extradited in short measure back to the US to stand trial.
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