🚀 Crypto Breaking News: Polaris Ventures, the charity fund of former FTX employee Ruairi Donnelly, wants to cash out $150 million from the FTT token sale.
- Donnelly received a $562,000 salary from FTX, converted it into FTT at $0.05/token, then sold it for $1 in 2019-2020, making millions.
- FTX went bankrupt in November, many wallets and funds were frozen. Donnelly wants to cash out $150 million amid increased scrutiny of FTX and Alameda.
- Donnelly's legal team claims the charity's FTT token is not FTX's fund and is not in dispute.
- FTX creditors demand the return of donated funds or face legal action.
📈 What do you think about this situation? Comment now! 👇
🔗 Details: https://t.co/NdXQlUTM6r