The U.S. government is negotiating with PAC to recover 13.25 million dollars in political donations from a former FTX executive
According to The Block, the U.S. government is negotiating with several Political Action Committees (PACs) about returning up to $13.25 million in political donations from a former FTX executive.
The request has been approved by Judge Lewis Kaplan, who is handling the FTX case, and the government will continue discussions with PACs about the confiscation of these funds before January 15th.
Data shows that the donations were provided by FTX founder Sam Bankman-Fried or former engineering director Nishad Singh. Singh testified that some of the donations were made at Bankman-Fried's request and he had signed blank checks.
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