FTX (its new CEO, not Sam) is trying to shakedown the elected officials he donated to to return their donations as a part of the FTX bankruptcy proceedings.[1]
How much of these new charges are those officials that accepted the money, trying to wash their image and cover their butt?
The shakedown part is that FTX is privately seeking the money back with the explicit threat that it will reveal the officials' names publicly (in court filings) if they don't cooperate.
>FTX said in a news release that it would privately contact the recipients of political donations made in its name, including from some of the company’s top-ranking officials, to get the millions donated to them returned. If the money isn’t returned, FTX said it would take the recipients to court to get the funds back.
How much of these new charges are those officials that accepted the money, trying to wash their image and cover their butt?
[1]https://www.investopedia.com/ftx-seeks-donations-returned-71...