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FTX recovers $14.5 million through political donation settlements – TON BOT

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FTX recovers $14.5 million through political donation settlements

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FTX debtors recovered $14.5 million in November through small claim settlements, mainly from political donations. The funds came from organizations like House Majority PAC and Senate Majority PAC, linked to FTX’s former CEO, Sam Bankman-Fried. Bankman-Fried heavily invested in lobbying and political contributions, leading to legal actions to recover misallocated assets.

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