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Sky News host James Morrow says Black Lives Matter is “going broke” after it was revealed from the most recent tax filings it was “bleeding cash”.

“The group whose founders had a goal … to disrupt the nuclear family … has run into Margaret Thatcher’s iron-clad law that socialism doesn’t work because eventually, you run out of other people’s money,” Mr Morrow said.

“The group’s most recent tax filings have revealed the group is bleeding cash.

“The documents show Black Lives Matter raised $9.3 million last financial year – that’s an 88 per cent drop from 2021.”