Viewing a single comment thread. View all comments

darkest_irish_lass t1_j3llyr9 wrote

Reply to comment by Alan_Shutko in FTX attempting to recover millions donated to charities. by imhergod

The article says that FTX is going to pursue the political recipients to get the donations back, unless given voluntarily.

Don't get me wrong, I think politicians are scum, but legally how can they force compliance if it's a gift?

37

Commubot t1_j3mbf7s wrote

Well if the money donated was fraudulently acquired they could possibly seize it

17

DFWPunk t1_j3n9l8s wrote

It will end up being handled by the trustee. In the Madoff case they were able to recover $14 billion from people who were in early and had withdrawn more than they invested.

5