All EA funds need to return donations from SBF. I myself am in the process of drafting an application to the Longterm Future Fund but cannot with a good conscience submit it until I know I will not be receiving money that should really be returned to FTX investors who have lost their savings and been really hurt by SBF’s wrongdoing. I do not want to be complicit in what John Ray, who is now steering FTX through bankruptcy proceedings, called plain old-fashioned embezzlement in his testimony to the House. EA needs to act decisively and speedily here in order to provide clarity to potential applicants.
All EA funds need to return donations from SBF. I myself am in the process of drafting an application to the Longterm Future Fund but cannot with a good conscience submit it until I know I will not be receiving money that should really be returned to FTX investors who have lost their savings and been really hurt by SBF’s wrongdoing. I do not want to be complicit in what John Ray, who is now steering FTX through bankruptcy proceedings, called plain old-fashioned embezzlement in his testimony to the House. EA needs to act decisively and speedily here in order to provide clarity to potential applicants.