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FAMEEX Hot Topics | UK regulator investigates charity linked to FTX

2023-01-31 14:26:05

The Charity Commission opened the inquiry on Dec. 19 after FTX had filed for bankruptcy in the U.S. and former CEO Sam Bankman-Fried was arrested.

The commission in charge of regulating registered charities in England and Wales has announced it has begun investigating Effective Ventures Foundation, an organization tied to bankrupt crypto exchange FTX.

Extract from article of cointelegraph

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