Three Senate Dems pledged to return Bankman-Fried donations. Guess what happened next.

Take Michigan senator Debbie Stabenow. The four-term Democrat said in December she would donate the $26,600 that Bankman-Fried gave her to charity. But campaign filings do not list any such payments, nor do they show refunds to Bankman-Fried, or payments to the government relief fund for victims of Bankman-Fried’s alleged fraud.

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Then there’s Sen. Maggie Hassan (D., N.H.), who said in January she would return contributions from Bankman-Fried. Hassan’s campaign last month gave $5,800 of the funds from Bankman-Fried to a victim fund set up by the U.S. Marshals Service. But Hassan appears to have held onto the $20,800 that Bankman-Fried gave the Maggie Hassan Victory Fund. The fund helps raise money for Hassan’s campaign and her political action committee, Granite Values PAC.

The revelation comes as lawmakers face increased pressure to rid themselves of donations from Bankman-Fried, who faces more than a dozen federal charges for defrauding investors of his crypto exchange, FTX, and violating campaign finance laws.

[Quelle surprise. They must be pretty hard up to hang onto SBF/FTX cash. — Ed]

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