Charity Boosted by Sam Bankman-Fried Puts $20M Wytham Abbey Up for Sale
Effective altruism has fallen on hard times.
Source: thedailybeast.com
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Effective altruism has fallen on hard times.
The news comes after Sam Bankman-Fried was sentenced to 25 years in prison for fraud. He was also ordered to pay $11 billion in forfeiture.
The Effective Ventures Foundation UK is the subject of a Charity Commission inquiry
A so-called effective altruism charity backed by the jailed cryptocurrency fraudster Sam Bankman-Fried is to shut down following the collapse of FTX.
The Effective Ventures Foundation has consented to return nearly $27 million in donations received from FTX amid scrutiny and investigations.