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Recipients of FTX founder Sam Bankman-Fried’s political contributions who rushed to offload those funds to charity could still be on the hook for that money.

Kathy Bazoian Phelps, a partner at Raines Feldman LLP, said she has been a little surprised that some of these politicians have so readily donated the campaign funds without pausing to think about what that could entail down the road.

Phelps said lawmakers and recipients of Bankman-Fried’s money may want to withhold donating their funds given the possibility that they will be compelled to return the money.

“That would be the safest course of action, or to simply return it would probably be the wisest course of action,” she told the Washington Examiner.

Several candidates who received contributions from Bankman-Fried have already donated them.

Read the full article here.