Liberal PACs and charities that got $260 million from FTX and its executives could be forced to give it all back
I guess the best way to prevent the government from taking money that you received in good faith is to spend it on something, really fast. Maybe a ton of gold or real estate.
That’s not true. In Sweden they let people keep stolen property if the buyer wasn’t aware. In the USA stolen property is stolen property and can be reclaimed by the original owner.
That is ridiculous. The only way they can get you to give it back is if they can prove that you were in on the scam........
uh maybe not in bankruptcy if those were gifts then the money was not paid to a creditor
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“But unless the new titleholder paid fair market value for the asset, the transfer is a fraud on creditors. Anglo Saxon law has long held that you can’t give away your property when you have debts.”
https://www.bankruptcysoapbox.com/clawback-in-bankruptcy/