Rep. Andy Barr

@RepAndyBarr ↗

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Last Checked March 17, 2023

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Tue Dec 13 18:33:20 +0000 2022

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Rep. Andy Barr @RepAndyBarr

Barr: Was the FTX foundation and other not for profit, ostensibly not for profit, entities, were they completely separate from any of the for-profit entities? Ray: They were owned by Sam Bankman-Fried; I can’t tell you they were separate because they got funds from Alameda. — PolitiTweet.org

Posted Dec. 13, 2022

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Rep. Andy Barr @RepAndyBarr

🚨 John Ray, who is leading the FTX bankruptcy, testified in response to my questioning that FTX commingled customer funds with the FTX Foundation and affiliated nonprofits to advance SBF’s vanity projects and progressive causes 🚨WATCH or READ ⬇️ https://t.co/tzDB5llc4r — PolitiTweet.org

Posted Dec. 13, 2022

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Rep. Andy Barr @RepAndyBarr

Ray: So, we know the source of their funding was from the FTX group, so they were separate ownership, but not separate funding. Barr: So commingled assets in that case as well? Ray: Absolutely. — PolitiTweet.org

Posted Dec. 13, 2022