FTX Charity Fund FTX Future Fund team collectively resigns

ChainCatcher news, the FTX charity fund FTX Future Fund team issued an open letter stating, "This morning the team has collectively resigned, and we are now unable to work or process grants. We apologize, but the FTX Future Fund may not be able to fulfill many of the promised donations. We strongly condemn any deceptive or dishonest behavior that may have been engaged in by FTX leadership."

In March 2022, FTX launched its first charity fund, the FTX Future Fund, planning to allocate at least $100 million this year, with a maximum deployment of $1 billion. (source link)