UK regulator investigates charity linked to FTX

Coin Telegraph LogoCoin Telegraph1 mo ago

UK regulator investigates charity linked to FTX - Coin Telegraph

Quick Summary:

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

Many political campaigns have pledged to return funds tied to FTX or Bankman-Fried, but it’s unclear whether businesses and investors will be forced to legally ‘refund’ the exchange’s debtors.

The Charity Commission reported that the trustees were “cooperating fully” as part of the investigation, and it will release a report on its findings.

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UK regulator investigates charity linked to FTX - Coin Telegraph (Picture 1)


Article Details

Author / Journalist: Cointelegraph By Turner Wright

Category: Crypto



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-30 @ 15:05:26 (1 months ago)

News Timezone: GMT -5:00

News Source URL:

Language: English

Article Length: 299 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 4977413

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About Coin Telegraph

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Main Topics: Crypto

Official Website:

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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