WASHINGTON, DC - DECEMBER 08: CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021 in Washington, DC. The committee held a hearing on "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States." (Photo by Alex Wong/Getty Images)
With Sam Bankman-Fried now officially in custody for allegedly swindling his investors out of “at least $1.8 billion”, questions have begun to swirl about whether or not campaign donations made by the former FTX CEO would be returned to the company, which is now trying to manage a bankruptcy. In focus over the last few days has been campaign contributions that SBF made for President Biden’s 2020 campaign. “For nothing is secret that will not
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