The FTX charity fund FTX Future Fund team issued an open letter stating that the team has collectively resigned this morning. We are now unable to carry out work or process grants. We are sorry that FTX Future Fund may not be able to honor many of the promised grants. To the extent that FTX leadership may engage in deceptive or dishonest behavior, we condemn this behavior in the strongest terms. In March 2022, FTX launched its first charity fund, FTX Future Fund, which plans to allocate at least $100 million this year and deploy up to $1 billion.