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Cryptocurrency 30 minutes ago (Jan 08, 2023 02:40PM ET)
FTX’s new management is seeking to recover millions of dollars in donations made by the crypto exchange and its former CEO Sam Bankman-Fried, reports the Wall Street Journal.
At the end of September, FTX’s charity arm, Future Fund, had committed more than $160 million to over 110 nonprofit organizations, including biotech startups and university researchers developing Covid-19 vaccines and working on pandemic studies, as well as nonprofit organizations in India, China and Brazil.
Sam Bankman-Fried’s charitable donations sought by FTX: Report
