Cryptocurrency

Charities in quandary over FTX donations as new execs ask for return of funds

Nonprofits are struggling to work out how to handle money received from bankrupt crypto exchange

Sam Bankman-Fried and FTX doled out millions in charitable donations. Now, new management is asking for it back.

Some of the money, however, has already been spent, and the gifts flowed through myriad sources and agreements that are proving difficult to tally.

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