<p><span style="font-weight: 400;">U.S. federal prosecutors are seeking more information about political donations made to Democrat and Republican lawmakers by former FTX CEO Sam Bankman-Fried and two executives he worked with, <a href="https://www.nytimes.com/2022/12/17/us/politics/sam-bankman-fried-political-donations-doj.html?partner=slack&amp;smid=sl-share&amp;login=email&amp;auth=login-email">according to the New York Times</a>, which cited unnamed sources. </span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;">Since Bankman-Fried was arrested on Monday, prosecutors have contacted “</span><span style="font-weight: 400;">representatives for campaigns and committees that had received millions of dollars” from Bankman-Fried and colleagues at other companies he co-founded, the report said.</span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;">A prosecutor from the </span><span style="font-weight: 400;">U.S. Attorney’s Office for the Southern District of New York sent an email to a law firm representing prominent Democratic political groups, requesting information about donations made by Bankman-Fried and colleagues, according to the New York Times. Campaign organizations, large super PACs and Rep. </span><span style="font-weight: 400;">Hakeem Jeffries were among those emailed, the news outlet said.</span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;">Jeffries and other politicians have “either returned donations linked to FTX or gave the money to charity” in the wake of the cryptocurrency exchange's scandalous collapse, according to the report.</span></p> <div class="c-message_kit__gutter"> <div class="c-message_kit__gutter__right" role="presentation" data-qa="message_content"> <div class="c-message_kit__blocks c-message_kit__blocks--rich_text"> <div class="c-message__message_blocks c-message__message_blocks--rich_text" data-qa="message-text"> <div class="p-block_kit_renderer" data-qa="block-kit-renderer"> <div class="p-block_kit_renderer__block_wrapper p-block_kit_renderer__block_wrapper--first"> <div class="p-rich_text_block" dir="auto"> <div class="p-rich_text_section">The Democratic National Committee, along with the party's Senate and House campaign committees, <a href="https://www.theblock.co/post/195852/democratic-groups-ditch-more-than-1-million-in-donations-linked-to-sam-bankman-fried">earlier this week said</a> it plans to return more than $1 million in donations from Bankman-Fried.</div> </div> </div> </div> </div> </div> </div> </div> <p><span style="font-weight: 400;">Republican campaigns and committees are also being investigated for taking donations from an FTX executive </span><span style="font-weight: 400;">“</span><span style="font-weight: 400;">who was a top financier on the right,” said the New York Times, again citing an unnamed source. </span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;"><br /> </span><span style="font-weight: 400;">Bankman-Fried <a href="https://www.theblock.co/post/194667/disgraced-former-ftx-ceo-sam-bankman-fried-criminally-indicted">has been arrested</a> and is facing both criminal and civil fraud charges.<br /> <br /> <i data-stringify-type="italic">Disclaimer: Beginning in 2021, Michael McCaffrey, the former CEO and majority owner of The Block, took a series of loans from founder and former FTX and Alameda CEO Sam Bankman-Fried. McCaffrey resigned from the company in December 2022 after failing to disclose those transactions.</i><br /> </span></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>