6 ms·
Will his political donors have to give back the donations?
by valleyjo 4y ago
Will his political donors have to give back the donations?
- dragonwriter 4y agoHe is the donor. And, no, recipients of legal donations don’t have to give them back because they came from a bad person. (The illegal donations he seems to have admitted to might have to be given up, but that’s a separate legal issue.)
- lesuorac 4y agoNot a lawyer but it does sound like any of the donations could be considered "not legal" would be "clawbacked". https://www.google.com/search?q=sbf+political+donations+clawback https://www.google.com/search?q=sbf+political+donations+claw...
- dragonwriter 4y agoWell, yes, bankruptcy clawbacks are another issue on top of both the criminal forfeiture discussed upthread and the campaign finance issue I raised in response.
- 121110987654321 4y ago"The illegal donations he seems to have admitted to..." Source?
- arcticbull 4y agoHe’s done a lot of ill advised Spaces, I’m sure it’s in one of those.
- dragonwriter 4y agoHere’s discussion of the complaint based on his admission: https://www.cnbc.com/2022/12/08/ftx-ceo-sam-bankman-fried-hit-with-campaign-finance-complaint.html https://www.cnbc.com/2022/12/08/ftx-ceo-sam-bankman-fried-hi... Count eight of the indictment also seems related, but its not a “speaking” indictment, so its not super clear.
- deleted 4y ago[deleted]