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FTX-linked Effective Ventures sells UK manor at $14.5M loss
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FTX-linked Effective Ventures sells UK manor at $14.5M loss
Recently published accounts from FTX-backed charity Effective Ventures confirm that the company sold a £17 million ($23 million) stately manor at a £10.7 million ($14.5 million) loss as it continues to wind down its UK operations. Effective Ventures’ UK arm bought the manor in 2022 as part of a plan to host educational events for the effective altruism movement, a set of beliefs that involves wealthy donors directing funds to specific causes tha…
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