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Most of the politicians who responded said they handed it over to charities to remove the taint of contributions from executives such as former FTX CEO Bankman-Fried, whose federal fraud charges also include an accusation that he violated campaign-finance laws. Others have revealed they had conversations with the U.S. Department of Justice about setting aside the money until it can be dropped into a fund to compensate FTX victims.
"I don't know the gentleman – never talked to him,” Correa told CoinDesk. But Correa said he intended to donate that same amount to his alma mater, California State University, Fullerton, “to support their Dreamer education fund."
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