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Is Sam Bankman-Fried a Modern-Day Robber Baron?
21.6.2022
BlockFi Secures USD 250M Credit Facility from Bankman-Fried's FTX
21.6.2022
Major crypto lender BlockFi said it secured a USD 250m loan from the FTX exchange in an attempt to bolster its balance sheet.
The revolving credit facility, which is a type of credit, "are intended to be contractually subordinate to all client balances across all account types (BIA, BPY & loan...
US Fed to Blame for Downturn, Large Crypto Players Have Responsibility Toward Ecosystem - FTX CEO
20.6.2022
With crypto prices continuing to slide, Sam Bankman-Fried, the outspoken CEO of major crypto exchange FTX, argued that the US Federal Reserve (Fed) is to blame for the ongoing downturn, but that large companies such as his have a responsibility to step in and make efforts to contain...
SBF and Alameda step in to prevent crypto collapse contagion
20.6.2022
SBF also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius, noting that “this is definitely false. We want to help those we can in the ecosystem, and have no interest in hurting them.”
FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market
17.6.2022
The company added that the deal was “subject to regulatory approval and customary closing conditions,” but expected to close in the third quarter of 2022
Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions
5.6.2022
While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth opportunities and despite the crypto economy’s downturn, Garlinghouse spoke about future mergers and acquisitions. ‘I Think We’re More Likely...
FTX Founder Sam Bankman-Fried Signs Billionaires’ Giving Pledge
1.6.2022
The crypto billionaire has pledged to give away the majority of his wealth to philanthropic causes
Report: FTX CEO Says Crypto Exchange Is Ready to Spend Billions on Acquisition Deals
29.5.2022
Billionaire and FTX co-founder Sam Bankman-Fried said the leading crypto asset exchange aims to make a number of acquisitions and could spend up to $2 billion on such efforts. The FTX chief executive officer highlighted in a recent interview that a fraction of the funds raised by the company were...
Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable
25.5.2022
The discussion of FTX.US’s proposal for non-intermediated margined products clearing highlighted unknown factors and need for more regulatory framework
FTX’s Bankman-Fried Pitches CFTC on Directly Clearing Customers’ Crypto Swaps
25.5.2022
Sam Bankman-Fried faced a full room of derivatives industry giants and regulators to argue for FTX’s proposal to directly clear transactions
Skeptical Twitter Users Think SBF’s Proposed USD 1B Campaign Donation Is an ‘Investment’ Strategy
25.5.2022
Twitter users say they believe that the FTX crypto exchange’s multi-billionaire owner Sam Bankman-Fried’s plans to spend some USD 1 billion or more to fund the US Democratic Party’s 2024 presidential election campaign is a “calculated investment.”...
Read More: Skeptical Twitter Users Think...
Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback
25.5.2022
The FTX founder said he’d spend “north of $100 million” with a “soft ceiling” of $1 billion and added “who knows what’s going to happen between now and then.”
FTX's Bankman-Fried Is Already a Political Mega-Donor. He's Doubling Down
24.5.2022
The CEO of FTX is ready to spend hundreds of millions of dollars in U.S. political campaigns
FTX reportedly shopping for brokerages in preparation for stock trading
24.5.2022
Amid its plans to roll out stock trading services, FTX has reportedly met with at least three brokerage start-ups over the past few months regarding potential acquisitions
Bitcoin, Ethereum Technical Analysis: BTC Back Above $30,000 as Week Long Consolidation Continues
20.5.2022
This week’s whirlwind price swings in crypto markets continued on Friday, with BTC moving higher, following yesterday’s declines. Bitcoin has risen back above $30,000 on Friday, with ETH also climbing above its $2,000 point. Bitcoin Bitcoin was trading higher on Friday, as price...
FTX US Launches Zero-Commission Equities Trading Platform
19.5.2022
FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can...
FTX US to launch stock trading against stablecoins
19.5.2022
FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange
Candidate supported by Bankman-Fried-linked PAC loses Oregon primary
18.5.2022
Record spending in a Democratic House primary could not give a political newcomer the boost he needed to overcome a local politician with a long career
FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network
18.5.2022
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However...
FTX's Bankman-Fried Hints at Bitcoin Lightning Network Integration After Community Backlash
17.5.2022
After facing a backlash from the Bitcoin (BTC) community over comments to the Financial Times that Bitcoin is “not a payments network,” Sam Bankman-Fried, the billionaire CEO of crypto exchange FTX, now hints that his exchange may implement Bitcoin Lightning Network payments.
“Sounds right...