{"id":1979450,"date":"2023-07-21T12:33:02","date_gmt":"2023-07-21T16:33:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-dems-pledged-to-return-donations-from-ftx-fraudster-they-still-havent\/"},"modified":"2023-07-21T12:34:33","modified_gmt":"2023-07-21T16:34:33","slug":"senate-dems-pledged-to-return-donations-from-ftx-fraudster-they-still-havent","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-dems-pledged-to-return-donations-from-ftx-fraudster-they-still-havent\/","title":{"rendered":"Senate Democrats promised to give back donations from the FTX fraudster, but they have yet to do so."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">36<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsenate-dems-pledged-to-return-donations-from-ftx-fraudster-they-still-havent%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1979450&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div>\n<h2>Senators Rosen and Manchin Under\u2062 Fire for Failing to Return Illegal Campaign Contributions<\/h2>\n<p>Senators Jacky Rosen (D., Nev.) \u2064and Joe Manchin (D., W.Va.) pledged to return contributions from an\u2063 FTX executive who pleaded guilty \u2063to making millions\u200c of dollars in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dem-donor-pleads-guilty-to-illegal-campaign-spending\/\" title=\"Dem Donor Pleads Guilty to Illegal Campaign Spending\">illegal campaign contributions<\/a>.\u200c But \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/after-taking-millions-from-corporate-pacs-maloney-wants-big-corporate-money-out-of-politics\/\" title=\"After Taking Millions from Corporate PACs, Maloney Wants \u2018Big Corporate Money Out of Politics\u2019\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cbs-slammed-for-smearing-ron-desantis-on-60-minutes-one-of-the-more-blatant-political-hatchet-jobs\/\" title=\"CBS Slammed For Smearing Ron DeSantis On \u201860 Minutes\u2019: \u2018One Of The More Blatant Political Hatchet Jobs\u2019\">campaign finance records<\/a> show<\/a> the two vulnerable Democrats have yet to return the money.<\/p>\n<div>\n<p><a href=\"https:\/\/stopthebigboxbaitandswitch.com\/?utm_source=freebeacon&#038;utm_medium=advertising&#038;utm_campaign=2023\" target=\"_blank\" rel=\"noopener\"><\/a><\/p>\n<p><a href=\"https:\/\/stopthebigboxbaitandswitch.com\/?utm_source=freebeacon&#038;utm_medium=advertising&#038;utm_campaign=2023\" target=\"_blank\" rel=\"noopener\"><\/a><\/p>\n<\/p><\/div>\n<p>Rosen\u2019s campaign <a href=\"https:\/\/www.reviewjournal.com\/news\/politics-and-government\/democratic-reps-deciding-how-to-return-tainted-crypto-donations-2729927\/\" target=\"_blank\" rel=\"noopener\">said<\/a> in February it would return a $2,900 contribution from Nishad \u200dSingh, the former head of engineering at FTX. A Manchin\u2062 campaign spokeswoman told the <em>Washington Free Beacon<\/em> on June 6\u200d that the campaign planned to return Singh\u2019s money in the wake of his guilty \u200bplea earlier this year on fraud\u2064 and campaign finance violations. He admitted to making millions of dollars \u200cof campaign \u2062donations\u2014all to Democrats\u2014using money stolen from\u2062 customers of FTX.<\/p>\n<p>Many Democrats have promised to return donations from Singh and FTX founder Sam Bankman-Fried, who has been charged with fraud and campaign finance violations. Some Democrats\u2014including Sens. <a href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00412304\/1713584\/sb\/ALL\" target=\"_blank\" rel=\"noopener\">Jon Tester<\/a> (D., Mont.) and <a href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00431056\/1714379\/sb\/ALL\" target=\"_blank\" rel=\"noopener\">Bob Casey<\/a> (D., Pa.)\u2014have turned Singh\u2019s donations over to the U.S. Marshals Service, which created a fund for FTX victims. But Rosen \u200cand Manchin\u200b have yet \u2063to follow \u2064suit, according to campaign finance disclosures released on July 15.<\/p>\n<p>It\u2019s the latest example of Democrats skirting their pledges to return money from FTX executives. Failed Texas gubernatorial candidate Robert Francis &#8220;Beto&#8221; O\u2019Rourke <a href=\"https:\/\/freebeacon.com\/democrats\/beto-clings-to-bankman-fried-cash\/\" target=\"_blank\" rel=\"noopener\">has kept<\/a> $100,000 from Bankman-Fried, which he pledged to return last year.<\/p>\n<p>Rosen and Manchin will likely need every penny\u2063 they \u2063can get as\u2064 they gear up for brutal Senate races next \u2062year. The Democrats are expected\u200b to spend \u2062heavily in their respective states, Nevada and West Virginia, in order \u2062to maintain their narrow majority in the Senate.<\/p>\n<p>Their handling of Singh\u2019s donations is in stark contrast to how Republicans in\u2062 their states\u2064 have handled contributions from another FTX executive, Ryan Salame. Adam Laxalt, who challenged Nevada Sen. Catherine Cortez Masto (D.), <a href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00787135\/1713548\/sb\/ALL\" target=\"_blank\" rel=\"noopener\">forwarded<\/a> a \u200d$2,900 donation\u200b from Salame to the U.S. Marshals Service on May 16. The West Virginia Republican Party <a href=\"https:\/\/docquery.fec.gov\/cgi-bin\/fecimg\/?202305199581576532\" target=\"_blank\" rel=\"noopener\">disgorged<\/a> a $3,700 contribution from Salame on April 3. \u200cUnlike Singh and Bankman-Fried, Salame has not been charged in the FTX fraud case, though \u200bhe is reportedly \u2064cooperating with prosecutors.<\/p>\n<p>&#8220;I wish it was surprising to find out \u2062that Senator Manchin has followed the lead of many members of his party in keeping illegal straw donations, but it is not,&#8221; said Elgine McArdle, chair of the\u2064 West Virginia Republican \u200dParty. &#8220;West Virginians\u200b have\u200d found that they can count on Manchin for one thing:\u200c eventually falling in line with other liberals in his Democrat Party.&#8221;<\/p>\n<p>Sam Brown, an Afghanistan veteran running against Rosen, said the senator\u2019s grip on Bankman-Fried\u2019s donations shows she &#8220;abandoned Nevada values for D.C. values\u200d long ago.&#8221;<\/p>\n<p>&#8220;Trusting Jacky Rosen to return this money makes as \u2062much sense as trusting FTX to manage it. It&#8217;s been months and she&#8217;s still holding\u200b on to \u2063it, and\u2063 I don&#8217;t see a \u200dD.C.\u200b elite like Jacky parting\u200b ways with her far<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-dems-pledged-to-return-donations-from-ftx-fraudster-they-still-havent\/\" title=\"Senate Democrats promised to give back donations from the FTX fraudster, but they have yet to do so.\">-left mega donors\u200c anytime<\/a> soon,&#8221; Brown \u2064told the <em>Free Beacon<\/em>.<\/p>\n<p>The Rosen and Manchin campaigns have said they \u200bwere awaiting \u2062guidance from the Justice Department\u200b on where to send Singh\u2019s donations. A spokesperson for Rosen said in February that Singh\u2019s donations had been set aside \u2063and that the campaign was waiting for guidance from the Justice Department on what\u200d to \u2064do with \u2062the money.<\/p>\n<p>A Manchin campaign spokeswoman said the senator&#8217;s leadership PAC disgorged a contribution from Singh in April, but that the campaign was waiting \u2063on additional instructions from the Justice Department.<\/p>\n<p>&#8220;The Senate campaign\u2063 has not yet received similar\u200c instructions from DOJ, but we are in contact with them, and expect to receive direction as\u200c to \u2062where to send the remaining funds shortly,&#8221; the spokeswoman \u2062said.<\/p>\n<div>\n<p><a href=\"https:\/\/stopthebigboxbaitandswitch.com\/?utm_source=freebeacon&#038;utm_medium=advertising&#038;utm_campaign=2023\" target=\"_blank\" rel=\"noopener\"><\/a><\/p>\n<p><a href=\"https:\/\/stopthebigboxbaitandswitch.com\/?utm_source=freebeacon&#038;utm_medium=advertising&#038;utm_campaign=2023\" target=\"_blank\" rel=\"noopener\"><\/a><\/p>\n<\/p><\/div>\n<p>Neither campaign responded to requests for \u200ccomment for this story.<\/p>\n<p>Six House Democrats who\u200c received contributions \u200cfrom Singh have paid the\u2062 U.S. \u200cMarshals\u200b Service, including\u2063 Rep. Steven Horsford, a Nevada Democrat. He disgorged a contribution from Singh \u2064on June 21, campaign records\u2063 show. Reps. Rosa DeLauro (Conn.), Greg Casar (Texas), Sean Casten (Ill.), Yvette Clarke (N.Y.), and Kim Schrier (Wash.) have also disgorged Singh\u2019s donations, according to <a href=\"https:\/\/www.fec.gov\/data\/disbursements\/?data_type=efiling&#038;disbursement_description=nishad\" target=\"_blank\" rel=\"noopener\">campaign finance records<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Senators Rosen and Manchin vowed to give back funds from a guilty FTX executive who made illegal campaign contributions worth millions. However, despite their promises, the vulnerable Democrats have not yet returned the money. Rosen&#8217;s campaign pledged to return $2,900 in February, but no action has been taken according to campaign finance records.<\/p>\n","protected":false},"author":155,"featured_media":1979451,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-1979450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1979450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/155"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1979450"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1979450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1979451"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1979450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1979450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1979450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}