A charity has agreed to repay approximately $26.8 million in donations received from FTX

2024-01-31 14:00:52

Collection

ChainCatcher news, according to Civil Society, a UK charity organization Effective Ventures Foundation has reached a settlement with the FTX bankruptcy estate. As part of the settlement agreement, EV US and EV UK have paid $26.8 million to the FTX bankruptcy estate, which amounts to 100% of the funds received by these two entities from FTX and the FTX Foundation in 2022.

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Charity organization Effective Ventures FTX

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