[ValentineC]

> Is it possible for some clever business person to start a non-profit, amass a bundle of money, convert to for-profit, and then own the bundle of money to do with as they see fit?

Not a lawyer, but as the Ghost Foundation is not a charity, the trustees can currently do whatever they want with the money.

[adolph]

Their about page claims non profit, Wikipedia and others say registered in Singapore but I don’t see anything under “ghost” as a society [0] or as a charity [1]. For something that has “believe in being transparent” in the about page, the lack of any registration number or a link to the touted constitution is odd.

DNS registrant is from West Yorkshire, GB [2].

0. https://eservices2.mha.gov.sg/ros/search-society

1. https://authoring.charities.gov.sg/

2. https://www.whois.com/whois/ghost.org

[ValentineC]

> Their about page claims non profit, Wikipedia and others say registered in Singapore but I don’t see anything under “ghost” as a society [0] or as a charity [1].

Ghost Foundation is a Company Limited by Guarantee [1] in Singapore. The UEN is 201605007D.

As I wrote above, it's not a charity, and therefore doesn't need to have charitable goals.

[1] https://ghost.org/changelog/moving-to-singapore/

[adolph]

Seems like it’s filings and meetings are done about this time of year. [0] The move to Singapore is super interesting, esp with dsivers input. Thanks for linking to it.

0. https://www.tis.bizfile.gov.sg/ngbtisinternet/faces/oracle/w...