FTX funded this UK charity, now it’s under investigation
The Charity Commission is probing Effective Ventures Foundation, which received money from Future Fund, the charitable arm of FTX.
Cryptocurrency news by Protos · Protos
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Show Notes
A UK-based charity is being probed by regulators over its ties to collapsed crypto exchange FTX.
In a statement issued on Monday, the Charity Commission announced that it is launching an official inquiry into Effective Ventures Foundation, which received much of its funding from Future Fund, the charitable arm of Sam Bankman-Fried’s now-bankrupt firm. The charity previously described the collapse as a “serious incident.”
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