Posted inInvestigations

Program to Help Formerly Incarcerated Chicago Residents in Jeopardy after FTX Implosion

The cryptocurrency giant pledged at least a million dollars to a local non-profit to provide universal basic income to help people get back on their feet after spending time behind bars. But now, the company has filed for bankruptcy, without delivering on most of the grant.

by Manny Ramos November 21, 2022December 7, 2022

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Program to Help Formerly Incarcerated Chicago Residents in Jeopardy after FTX Implosion

by Manny Ramos, Illinois Answers Project
November 21, 2022

<h1>Program to Help Formerly Incarcerated Chicago Residents in Jeopardy after FTX Implosion</h1>
<p class="byline">by Manny Ramos, Illinois Answers Project <br />November 21, 2022</p>
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FTX CEO Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee in December last year. (Photo by Alex Wong/Getty Images)

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Manny RamosAccountability & Solutions Reporter

mramos@bettergov.org

Manny Ramos is a former solutions and accountability reporter at the Illinois Answers Project.

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