Bertie Ahern’s Crypto Charity Closing Down

The AB Foundation, an Irish nonprofit focused on crypto, is officially closing. Former Irish Prime Minister Bertie Ahern served as the chair for the organization. Official records show the group is currently undergoing a voluntary strike off process to dissolve the entity.

The decision comes after the charity failed to hold any operational meetings following its debut. Despite the high profile of its leadership, the organization never moved beyond its launch phase and remained dormant for its entire existence.

This development highlights the challenges even well connected projects face when trying to gain traction in the space. Without consistent activity or a clear path forward, the group chose to shut down rather than continue as an inactive entity.