Thanks for flagging! New donations won’t be used for this settlement. The funding for the settlements has already been secured, and none of EV’s projects will need to allocate any additional funding. Besides funding that came from FTX, no funds that have previously been donated to a specific project will be used as part of this settlement.
As noted by Jason, the EV US settlement remains subject to court approval, and we won’t be commenting on it further while the settlement process is still underway. With that being said, we didn’t want any misunderstandings to disrupt CEA’s fundraising efforts in the meantime.
I want to flag for Forum readers that I am aware of this post and the associated issues about FTX, EV/CEA, and EA. I have also reached out to Becca directly.
I started in my new role as CEA’s CEO about six weeks ago, and as of the start of this week I’m taking a pre-planned six-week break after a year sprinting in my role as EV US’s CEO[1]. These unusual circumstances mean our plans and timelines are a work in progress (although CEA’s work continues and I continue to be involved in a reduced capacity).
Serious engagement with and communication about questions and concerns related to these issues is (and was already) something I want to prioritize, but I want to wait to publicly discuss my thoughts on these issues until I have the capacity to do so thoroughly and thoughtfully, rather than attempt to respond on the fly. I appreciate people may want more specific details, but I felt that I’d at least respond to let people know I’ve acknowledged the concerns rather than not responding at all in the short-term.
It’s unusual to take significant time off like this immediately after starting a new role, but this is functionally a substitute for me not taking an extended break between roles. For some banal logistical reasons, it made more sense for me to start and then take time off.