FTX Seeks to Recoup Sam Bankman-Fried’s Charitable Donations
FTX Seeks to Recoup Sam Bankman-Fried’s Charitable Donations
Nonprofits struggle to decide how to handle money received from bankrupt crypto exchange
By Eric WallersteinFollow
Jan. 7, 2023 5:30 am ETPRINTTEXT
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Sam Bankman-Fried and FTX doled out millions in charitable donations. Now, new management is asking for it back.
Some of the money, however, has already been spent, and the gifts flowed through myriad sources and agreements that are proving difficult to tally.
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