FUCKFTX DAO is a community-driven initiative formed to explore solutions for recovering losses from the FTX event. Token holders collectively vote on strategies and proposals. The project aims to provide support for victims of the FTX collapse, with a focus on community relief and potential financial recovery. Related to the FUFTX presale which aimed to give FTX "the biggest F U" and support victims, with 8% tax (4% to victim relief, 4% to community/admin).