FTX donated millions of dollars to an obscure organization for a real estate investment: the purchase of a centuries-old castle in Czechia. What need would a charitable movement have for a palatial property with a lake and a frisbee golf course?
, visitors celebrated the castle as a family-run gem, calling it a “step back in time to a magical world.”
She said an entity called FTX Philanthropy Inc. issued the contract. Delaware business records show that FTX Philanthropy was incorporated in Delaware last February and changed its name to FTX Foundation five months later. It is not one of the FTX entities listed as a, and lawyers for exchange did not respond to questions about whether its grants will be targeted.
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