FTX-funded charity Effective Ventures agrees to return donations
Effective Ventures, an effective altruism-focused charity, has agreed to return donations it received from FTX.
Effective Ventures, an effective altruism-focused charity, has agreed to return donations it received from FTX.
A report claims that debtors-in-possession of FTX and Alameda Research have sold all its GBTC in the ongoing bankruptcy.
Trabucco reportedly made at least $25 million from FTX and Alameda Research before opting for a curiously-timed early retirement in mid-2022.
Bankman and Fried argue that FTX’s claims against them should be dismissed because neither of them “ever held an executive role of any sort.”
Bankrupt FTX wants to sell 35 properties in the Bahamas, including the penthouse that housed Sam Bankman-Fried and his inner circle.