4FB5ACDF3A7531DB53AC13421E6CB1C20B1B0A8FC574369E70C903A2E714F71B 1Ez346 FTX Future Fund Shut Down Following Exchange's Collapse

FTX Future Fund Shut Down Following Exchange’s Collapse

FTX Future Fund, the philanthropic arm of FTX exchange, has shut down following the exchange’s collapse in November 2022. The fund had pledged $1 billion in donations toward research academics across prestigious universities, but the team behind the project resigned after FTX filed for bankruptcy. Many scholars and researchers who were early recipients of the grant are now stuck in limbo over payment of further grants for their programs. (Read More)

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