ExpressLane
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U.S. politicians, many of them Democrats, have been very publicly returning—or giving away—campaign donations from former FTX CEO Sam Bankman-Fried.
Even before his crypto exchange and trading desk, FTX.com and Alameda Research, filed for Chapter 11 bankruptcy protection, Bankman-Fried was drawing criticism for the $46.5 million he donated to political candidates.
A public spreadsheet shared by OpenSecrets.org, a nonprofit that tracks U.S. campaign finance and lobbying, shows that the vast majority of those donations have gone to Democrats. The $46.5 million total ranks Bankman-Fried second only to Democratic mega donor George Soros.
What follows is a list of politicians who’ve returned or said they were re-donating the money received from Bankman-Fried to a charitable organization. Their returned or re-donated contributions represent $1.2 million of Bankman-Fried’s political contributions—roughly 3% of all his campaign donations.
Among the politicians who received money from Bankman-Fried but either haven’t returned or re-gifted the money (or haven’t said publicly that they did) are: Sen. Debbie Stabenow (D-MI), who co-sponsored the Digital Commodities Consumer Protection Act with Sen. John Boozman (R-AR); Sen. Bob Menendez (D-NJ), who’s been vocal in calling for stronger investor protections after FTX’s collapse; House Speaker Nancy Pelosi (D-CA); and Mitt Romney (R-UT).....
https://www.yahoo.com/entertainment/politicians-giving-back-donations-disgraced-210759416.html
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Re-donating.....OH HELL NO. That money is stolen from hard working people. It should be returned to authorities to be given back to the people it was stolen from.
Politicians shouldn't give it to charities that they have cozy relationships with. The money isn't their's to give to anyone other than to the people it was stolen from. Law enforcement has mechanism in place to return stolen money.
Even before his crypto exchange and trading desk, FTX.com and Alameda Research, filed for Chapter 11 bankruptcy protection, Bankman-Fried was drawing criticism for the $46.5 million he donated to political candidates.
A public spreadsheet shared by OpenSecrets.org, a nonprofit that tracks U.S. campaign finance and lobbying, shows that the vast majority of those donations have gone to Democrats. The $46.5 million total ranks Bankman-Fried second only to Democratic mega donor George Soros.
What follows is a list of politicians who’ve returned or said they were re-donating the money received from Bankman-Fried to a charitable organization. Their returned or re-donated contributions represent $1.2 million of Bankman-Fried’s political contributions—roughly 3% of all his campaign donations.
Among the politicians who received money from Bankman-Fried but either haven’t returned or re-gifted the money (or haven’t said publicly that they did) are: Sen. Debbie Stabenow (D-MI), who co-sponsored the Digital Commodities Consumer Protection Act with Sen. John Boozman (R-AR); Sen. Bob Menendez (D-NJ), who’s been vocal in calling for stronger investor protections after FTX’s collapse; House Speaker Nancy Pelosi (D-CA); and Mitt Romney (R-UT).....
https://www.yahoo.com/entertainment/politicians-giving-back-donations-disgraced-210759416.html
===============================
Re-donating.....OH HELL NO. That money is stolen from hard working people. It should be returned to authorities to be given back to the people it was stolen from.
Politicians shouldn't give it to charities that they have cozy relationships with. The money isn't their's to give to anyone other than to the people it was stolen from. Law enforcement has mechanism in place to return stolen money.
