Politicians who have already donated their funds to charity may still have to return funds received from FTX to a bankruptcy trustee.
and executives Ryan Salame and Nishad Singh are believed to have been high-paying donors to both the Republican and Democratic United States political parties.
In order to distance themselves from the disgraced exchange, some politicians have already resorted to giving away their cash. Bloomberg reported that Hakeem Jeffries, the Democratic leader in the House of Representatives, and Dick Durbin, a member of Senate Democratic leadership, have already donated money they received from FTX to charity. Senator John Hoeven, a North Dakota Republican, donated the $11,600 he received from SBF and Salame to the Salvation Army.
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