Effective Ventures Foundation files the report to the Charity Commission following the collapse of the US firm FTX
A UK charity has filed a serious incident report with the Charity Commission after one of its backers went bankrupt last month.
The Charity Commission told CNBC that Effective Ventures Foundation filed the report related to the collapse of FTX, a US cryptocurrency exchange whose philanthropic arm, FTX Foundation, had funded the UK charity in the past.
A spokesperson for the Charity Commission said: We can confirm that in line with our guidance, Effective Ventures Foundation (of which the Centre for Effective Altruism is a project) has filed a serious incident report relating to the collapse of FTX, adding that the commission…
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