FTX-linked Effective Ventures sells UK manor at $14.5M loss
Recently published accounts from FTX-backed Effective Ventures confirm that it sold the manor amid a rough market for stately homes.
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Recently published accounts from FTX-backed Effective Ventures confirm that it sold the manor amid a rough market for stately homes.
Read more (2 min) →A government inquiry concluded that the FTX-backed charity acted ‘quickly’ and ‘diligently' after excluding FTX-linked trustees.
The FTX-linked charity Effective Ventures, which previously returned $26.8 million in donations to FTX, will reportedly shut down by 2025.
The UK Parliament Treasury Committee began its inquiry by grilling Binance, Ripple, and Galaxy execs on FTX, bad actors, and regulation.