Submitted by imhergod t3_106zoid in nottheonion
Alan_Shutko t1_j3jtcte wrote
Reply to comment by skunkadelic in FTX attempting to recover millions donated to charities. by imhergod
They asked last month: https://gizmodo.com/ftx-sam-bankman-fried-sbf-politicians-return-donations-1849914373
darkest_irish_lass t1_j3llyr9 wrote
The article says that FTX is going to pursue the political recipients to get the donations back, unless given voluntarily.
Don't get me wrong, I think politicians are scum, but legally how can they force compliance if it's a gift?
Commubot t1_j3mbf7s wrote
Well if the money donated was fraudulently acquired they could possibly seize it
Chaotic-Entropy t1_j3meblh wrote
FTX couldn't, the authorities could.
DFWPunk t1_j3n9l8s wrote
It will end up being handled by the trustee. In the Madoff case they were able to recover $14 billion from people who were in early and had withdrawn more than they invested.
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