Most of these “disgorgements” stem from contributions made by executives of bankrupt cryptocurrency exchange FTX, including former CEO Sam Bankman-Fried, Raw Story’s analysis indicates. And the Department of Justice is urging campaigns to give the money up.
“Based on our office's investigation, we have cause to believe these donations represent the proceeds of Bankman-Fried's crimes and accordingly are forfeitable under applicable provisions of the federal asset forfeiture statutes,” said a letter sent by the Department of Justice to a member of Congress’ campaign committee, which in turn shared its contents with Raw Story.