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Will CEA announce insolvency before the end 2025?
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1kṀ1201Dec 31
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Jason notes in https://forum.effectivealtruism.org/posts/erYvs4tLwnNCopBxg/cea-serious-incident-report:
"In other words, I don't think the fact of the report itself provides any useful information.
However, it is worth noting that RP [Rethink Priorities] and OP [Open Philanthropy] have released statements characterizing their FTX clawback exposure (or lack thereof for OP). Unless CEA can provide some clarity, I'd assume the worst-case scenario for CEA would be very, very bad.
One would need to see updated financials and a history of all FTX/Alameda contributions to assess whether insolvency could result from the worst-case scenario. Do they have enough unrestricted assets to cover the worst-case outcome?"
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