According to a court document disclosed on December 10, the FTX creditor team successfully recovered about $14.5 million in funds through a small claims settlement in November, mainly from previous political donations. The recovered funds include $6 million from the House Majority Political Action Committee and $3 million from the Senate Majority Political Action Committee. In addition, Forward Action Fund, Mind the Gap, and the American Road People Organization also returned more than $1 million each.
It is understood that FTX executives have previously initiated donations to nearly one-third of members of Congress, and SBF himself has donated at least $40 million to various political campaigns. (CryptoSlate)