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Members of the team running the FTX Future Fund, a philanthropic fund backed by Sam Bankman-Fried, resigned on Thursday. The announcement was made FTX Future Fund’s leadership quit on Thursday in the open letter shared on Twitter by journalist Teddy Schleifer, one of the exchange giant’s charitable arms. On Thursday night, FTX Future Fund’s leadership team resigned, warning grantees that they were unlikely to pay out promised funds. “We are devastated to say that it Members of the FTX Foundation’s Future Fund posted the resignation news on the Effective Altruism Forum, a community space for members of the philanthropic FTX Future Fund, the philanthropic arm of FTX exchange, has shut down following the exchange's collapse in November 2025. The fund had pledged $1 billion in The post read, “We are now unable to perform our work or process grants, and we have fundamental questions about the legitimacy and integrity of the business MacAskill was one of five people from the charitable vehicle known as the FTX Future Fund who jointly announced their resignation Thursday. In their statement, they The team behind the FTX Future Fund, one of the exchange giant's philanthropic arms, resigned on Thursday in an open letter, posted to Twitterby journalist The entire team behind the FTX Future Fund, the Sam Bankman-Fried philanthropy, has resigned in the wake of FTX’s unraveling, leaving many grants unfunded.

FTX Future Fund Records Mass Resignation: What Happened to SBF's Philanthropic Arm?

The FTX Future Fund, the philanthropic arm of the now-collapsed FTX exchange, has experienced a complete implosion following the exchange's bankruptcy in November 2025. What was once a promising initiative with pledged $1 billion in funding is now facing scrutiny and uncertainty, leaving countless grants unfunded and its reputation in tatters.

Mass Resignation Shakes FTX Future Fund: On Thursday, the leadership team of the FTX Future Fund resigned en masse, signaling a complete breakdown in trust and operations. Members of the team running the FTX Future Fund posted their resignation news on the Effective Altruism Forum, a community space for members of the philanthropic organization. The announcement, initially shared on Twitter by journalist Teddy Schleifer, revealed the dire situation.

Why Did They Resign? The resignation letter, signed by MacAskill and four others from the charitable vehicle known as the FTX Future Fund, paints a grim picture. The team warned grantees that they were unlikely to receive promised funds, stating, “We are devastated to say that it…” They further explained, “We are now unable to perform our work or process grants, and we have fundamental questions about the legitimacy and integrity of the business.” The entire team behind the FTX Future Fund, the Sam Bankman-Fried philanthropy, has resigned in the wake of FTX’s unraveling, leaving many grants unfunded.

Uncertain Future for Grantees: The FTX Future Fund’s leadership quit on Thursday, leaving many organizations who were counting on funding in a precarious position. FTX Future Fund’s leadership team resigned, warning grantees that they were unlikely to pay out promised funds.

The Fallout: The collapse of FTX and the subsequent resignation of the FTX Future Fund team represent a significant blow to the effective altruism movement and raises serious questions about the oversight and governance of charitable arms associated with cryptocurrency exchanges. The future of the fund and its ability to fulfill its philanthropic mission remains highly uncertain.

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