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Zenger
Zenger
World
Mehab Qureshi

FTX Foundation Disturbing Initiatives Exposed In Lawsuit, Including Plans To Buy Micronesian Island

FTX logo and Bitcoin symbol are screened for illustration photo. Kraków, Poland on January 18, 2023. Unsettling schemes were laid bare by a newly-filed lawsuit against disgraced FTX founder and former CEO, Sam Bankman-Fried. BEATA ZAWRZEL/NURPHOTO VIA GETTY IMAGES.

The implosion of the cryptocurrency exchange FTX has revealed disturbing and questionable initiatives undertaken by its nonprofit division, the FTX Foundation.

Some of these unsettling schemes were laid bare by a newly-filed lawsuit against disgraced FTX founder and former CEO, Sam Bankman-Fried.

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