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Sam Bankman-Fried’s philanthropic fund halts donations amid FTX collapse and 'questions about legitimacy'

Por: MarketWatch Business November 12, 2022

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The company said Friday that Bankman-Fried had resigned as CEO and would be replaced by John J. Ray III, a lawyer who worked on Enron’s bankruptcy. One major piece of collateral damage in the debacle: the philanthropic entities that Bankman-Fried started to improve humanity’s chances for long-term survival, among other lofty goals. The senior staff of Bankman-Fried’s philanthropic FTX Future Fund Thursday night, saying that the fund could... + full article



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