3 ms·
It's not their money to donate, stolen proceeds belong to the victims. They should've given it back to FTX. Additionally, money is fungible, so the politicians
by kosievdmerwe 3y ago
It's not their money to donate, stolen proceeds belong to the victims. They should've given it back to FTX.
Additionally, money is fungible, so the politicians can't claim the money is "gone" after being donated, since presumably they're not bankrupt and have other money FTX can claw back.
- rgavuliak 3y agoHow easy is it to clawback money donated to a politician through a 3rd party? I am not a lawyer and don't live in the US, but I imagine that being super difficult and lengthy as a process.
- kosievdmerwe 3y agoYeah, I imagine it would involve a lawsuit, so not trivial if the politician is willing to fight. Though I'm not sure if most of the straw donors are 3rd parties, since the ones I knew about were officers of the company. Either way, I feel that the moral action is clear, but some politicians want to still use the ill-gotten gains for their political purposes while claiming to act morally. An act which is unfortunately fooling some people.