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FTX recovers $14.5M from political donations

December 11, 2024, 12:12 PM
FTX Exchange debtors recovered $14.5 million in November through settlements, primarily from political donations, according to CryptoSlate. Notable returns included $6 million from the House Majority PAC and $3 million from the Senate Majority PAC. The funds were part of ongoing efforts to reclaim assets linked to donations made during Sam Bankman-Fried's leadership, as the bankruptcy estate prepares for creditor reimbursements by early 2025.

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