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Sam Bankman Fried Announces Substantial Donations in US Mid-Term Elections


FTX CEO Sam Bankman-Fried has revealed that he donated millions of dollars to support bipartisan politicians in a bid to lure more crypto allies.  In a Saturday tweet, Bankman-Fried said that he was "a significant donor" in both Republican and Democrat primaries, "supporting constructive...

Sam Bankman-Fried of FTX Announces Plans to Launch Stablecoin


FTX CEO Sam Bankman-Fried has confirmed that the crypto platform is working on launching its own stablecoin.  In an interview with The Big Whale, Bankman-Fried said "it is very likely" FTX will launch a stablecoin, joining most other major exchanges in having launched a crypto token whose value...

Sam Bankman-Fried faces flak for DeFi regulation


Sam Bankman-Fried drew serious flak from stalwarts and individual players involved in the blockchain and cryptocurrency arena. However, this incident occurred post the declaration announcing a proposal, mentioning certain regulations to be attached to the functioning of DeFi. The entourage...

Sam Bankman-Fried and FTX Exchange Under Investigation by Texas Regulators


Major crypto trading platform FTX.US and its founder Sam Bankman-Fried are being investigated by the securities regulator in Texas, USA, for selling an investment product that may have violated state law. The investigation concerns allegations that FTX offers US residents unregistered securities...

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