Bankman-Fried, 30, was one of the Democratic Party's biggest donors and even met with Biden's White House advisers before his FTX currency exchange collapsed in one of the largest alleged frauds in American business history.

Earlier Tuesday, federal prosecutors in the Southern District of New York charged Bankman-Fried with eight counts, including conspiracy to commit campaign finance violations. Manhattan US Attorney Damian Williams claimed the illegal donations from Bankman-Fried amounted to "tens of millions of dollars."

"The president received campaign donations [from Bankman-Fried]. Will the president return that donation? Does he call on all politicians … to return those funds?" asked Associated Press reporter Zeke Miller.

"So look, I'm covered here by the Hatch Act — [I'm] limited on what I can say and anything that's connected to political contributions from here, I would have to refer you to the DNC," Jean-Pierre said, citing the federal law that prohibits certain officials from advocating for candidates.