They're seeking $38 million paid to PACs and political nonprofits ahead of the 2022 elections.
The lawsuits are seeking some $5 million from four groups affiliated with Democrats and $1.8 million from FWD.us, a bipartisan nonprofit founded by Mark Zuckerberg.
A Republican super PAC also led by Law, the Senate Leadership Fund, received $3.5 million in FTX funds in August and October 2022 that a separate lawsuit argues must be returned.
"We're reviewing the complaint and will take appropriate action," a Senate Leadership Fund spokesperson, Torunn Sinclair, said.
AdvertisementThe lawsuits say the donations were intended to burnish the image of FTX and Bankman-Fried in political circles.
Persons:
Sam Bankman, Ryan Salame, —, Mark Zuckerberg, Steven Law, Torunn Sinclair, Fried, Anthony Scaramucci, Binance, Crypto.com, It's, FTX, Doug Kelley, Sinclair, Todd Schulte, FWD.us, Salame
Organizations:
FTX, Republican, PAC, Law, Fund, White House, SkyBridge
Locations:
FWD.us, FTX, Salame