At least $132 million in stolen funds were earmarked by FTX for use in developing new bioweapons and toxic mRNA jabs, according to reports.
Following the announced resignation of the entire Future Fund leadership team on November 11, one of the companies that was supposed to receive a huge cash grant from it, SecureBio, complained that employees at his firm will now be out of a job unless emergency backup funding is procured.
“We don’t think it is right that anyone should lose their jobs over a financial calamity totally unrelated to the excellent work they are doing,” SecureBio co-founder Kevin Esvelt announced.
Newstarget.com reports: SecureBio had initially been awarded a $1.2 million grant to develop “better pandemic defenses,” according to Coin Telegraph.
Another company, a biotechnology firm called Sherlock Biosciences, was supposed to receive $2 million from the Future Fund to study infectious diseases. HelixNano, a similar firm within the same field, was supposed to receive $10 million for vaccine research.
Then there is Our World in Data, which was supposed to be given $7.5 million to “track trends relevant to humanity’s long-term prospects,” whatever that is supposed to mean.
FTX was also involved in research to “debunk” the merits of ivermectin as a viable remedy for the Wuhan coronavirus (COVID-19).
Another entity that was supposed to be on the dole of FTX’s “philanthropic” efforts via Sam Bankman-Fried’s (SBF) “Building a Stronger Future” initiative is ProPublica, which was to receive the first tranche of a $5 million grant this year, followed by more disbursements in 2023 and 2024.
According to Molly Kovite, a lawyer and member of the “Effective Altruism” group, all of these organizations and others that received money from an FTX entity within the 90 days prior to its bankruptcy declaration could be forced to pay it all back through a process known as a “clawback.”
Two days after Kovite announced this on November 14, Open Philanthropy, the philanthropic funder that Kovite represents, announced that it is seeking applications from grantees affected by the collapse of the Future Fund. Each application will be evaluated and provided funding at the group’s discretion.