81–90 of 179 posts
Earlier quoted context omitted.
It’s not uncommon for a bankruptcy court to initiate a clawback of payments like this.
Given the political nature of the fraud, I am not confident that will happen, but I am hopeful.
"An amended indictment accused the 31-year-old former billionaire of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans, and to conceal where the money came from." Here is the amended indictment. https://storage.courtlistener.com/recap/gov.uscourts.nysd.59... "9. As noted above, SAMUEL BANKMAN-FRIED, a/k/a "SBF," the defendant, also used misappropriated customer money t…
Earlier quoted context omitted.
It’s not uncommon for a bankruptcy court to initiate a clawback of payments like this.
Only possible in America when it afflicts the middle class.
Bankruptcy law from other countries aside from maybe the Bahamas wouldn’t really be relevant to FTX.
The funds should be easy to audit and claw back from the political recipients and distribute back to the victims, right? ...right? /S
Most of the recipients have already pledged to donate the money. Some have already done so.
> Most of the recipients have already pledged
"Most" have "pledged"...that does not give me as much comfort as it gives you.
> Some have already done so.
To who? Do those politicians perhaps have relationships with the orgs they donate to?
I wouldn't trust a politician as far as I can throw one. Especially in this case where they could have easily returned the money to the bankruptcy trustee.
"An amended indictment accused the 31-year-old former billionaire of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans, and to conceal where the money came from." Here is the amended indictment. https://storage.courtlistener.com/recap/gov.uscourts.nysd.59... "9. As noted above, SAMUEL BANKMAN-FRIED, a/k/a "SBF," the defendant, also used misappropriated customer money t…
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I can't remember exactly what video it's in, but I very distinctly remember him talking about it.
Earlier quoted context omitted.
Most of the recipients have already pledged to donate the money. Some have already done so.
...where do I begin. > Most of the recipients have already pledged "Most" have "pledged"...that does not give me as much comfort as it gives you. > Some have already done so. To who? Do those politicians perhaps have relationships with the orgs they donate to? I wouldn't trust a politician as far as I can throw one. Especially in this case where they could have easily returned the money to the bankruptcy trustee.
Earlier quoted context omitted.
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In a call he had with Tiffany Fong that she recorded, he talked about how he donated equally to both of them and that he couldn't care less about the politics, but he hid the republican ones considerably better because he felt the media companies would have hung him out to dry for the republican ones. I can't remember exactly what video it's in, but I very distinctly remember him talking about it. https://www.youtube…
"An amended indictment accused the 31-year-old former billionaire of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans, and to conceal where the money came from." Here is the amended indictment. https://storage.courtlistener.com/recap/gov.uscourts.nysd.59... "9. As noted above, SAMUEL BANKMAN-FRIED, a/k/a "SBF," the defendant, also used misappropriated customer money t…
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He claims otherwise, although that's obviously not necessarily the truth. The public donations only account for $40m, and this document says they have $100m in political donations. It'll be interesting to see what the actual numbers end up being.