Citation

Centre for Effective Altruism - Footnote 51

partial85% confidence

1 evidence check

Last checked: 4/3/2026

The inquiry was opened on December 19, 2022, not in December 2022 as stated in the claim. The source does not explicitly state that Effective Ventures returned 100% of funds received from FTX/FTX Foundation in 2022. It only mentions the return of $4,246,503.16 USD. The inquiry concluded on January 3, 2024, when the inquiry used section15(2) of the Act to give advice or guidance with respect to the administration of the charity. The report was published in May 2024.

Evidence — 1 source, 1 check

www.gov.uk/government/publications/charity-inquiry-effective-ventures-foundation-uk/charity-inquiry-effective-ventures-foundation-uk(1 check)

partial85%Haiku 4.5 · 4/3/2026

Found: The UK Charity Commission opened a statutory inquiry in December 2022. Effective Ventures ultimately returned \$26.8 million to the FTX bankruptcy estate—100% of funds received from FTX/FTX Foundation…

Note: The inquiry was opened on December 19, 2022, not in December 2022 as stated in the claim. The source does not explicitly state that Effective Ventures returned 100% of funds received from FTX/FTX Foundation in 2022. It only mentions the return of $4,246,503.16 USD. The inquiry concluded on January 3, 2024, when the inquiry used section15(2) of the Act to give advice or guidance with respect to the administration of the charity. The report was published in May 2024.

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