Crypto Charity Led by Ex-Irish PM Bertie Ahern to Dissolve

The nonprofit drew scrutiny after investigations linked AB to a Cambodian conglomerate under U.S. sanctions for alleged involvement in crypto fraud and human trafficking networks. The U.S. Treasury, working with Chainalysis, took action against the entity, Huione, described as one of the largest enablers of crypto money laundering. The foundation's name also surfaced in connection with a proposed cryptocurrency resort in Timor-Leste involving a Chinese-born businessman linked to the foundation's ecosystem.

Ahern pushed back earlier this year, telling reporters he had "zero connection" to the Timor-Leste development or related donations. He said he knew nothing of the project beyond his ceremonial role with the charity and that there were no links between the Irish-registered nonprofit and sanctioned overseas groups.

The strike-off process is expected to complete in the coming months, formally dissolving the charity. The foundation's CRO filings show no trading activity, and the high-profile advisory board is being disbanded without the charity having held a single meeting.