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Metropolitan Museum will return $550,000 in donations from the FTX crypto exchange

  • This is the legendary Central Park Museum of Art in New York City
  • It has turned down “dirty” money from the crypto-exchange

The Metropolitan Museum has agreed to return more than half a million dollars in donations from FTX. This is evidenced by court documents and an agreement between the parties.

Donations were made during the “reign” of Sam Bankman-Friede and before the bankruptcy of the platform.. They were not transferred directly, but through a subsidiary of West Realm Shires Services. The firm first sent the museum $300,000 (last March) and then another $250,000 in May. The money will now go to the new FTX management.

The Metropolitan Museum of Art is located in New York’s iconic Central Park. It is one of the leading art museums in the world. Taking care of its reputation, the institution decided to get rid of scandalous money. Now $550,000 will go to FTX Debtors’ accounts. This means that they can be spent on payments to the platform’s clients.

Another organizations have begun to return the exchange’s “dirty” money. For example, the University of Toronto has donated nearly $500,000. And the Building a Stronger Future family foundation was as much as $1.6 million.

The Bankman-Frieda company was very generous with its donations. They were especially fond of sponsoring political forces. The court will deal with this issue separately.

By the way, Kennedy Jr. will be accepting BTC donations in the new presidential race.</p