Sam Bankman-Fried News
27.09 / 19:27
business
US President
Brett
Brett Harrison will step down as FTX US president, move into advisory role
The president of cryptocurrency exchange FTX US, Brett Harrison, has announced he will be transitioning into an advisory role in the next few months.
20.09 / 16:37
FTX
Crypto Exchange
FTX Builds $1 billion War Chest to Buy up Distressed Crypto and other Assets
CEO and co-founder of major cryptocurrency exchange FTX Sam Bankman-Fried (SBF) has revealed that the company has built an estimated $1 billion war chest to continue deploying capital in order to bail out distressed crypto firms and buy their assets.
29.08 / 20:37
25.08 / 00:57
business
Twitter
Digital
Sam
co-CEO
Alameda Research co-CEO Sam Trabucco resigns, Caroline Ellison will become sole head
Alameda Research co-CEO Sam Trabucco announced his resignation Wednesday on Twitter. Trabucco said co-CEO Caroline Ellison will become CEO, and he will remain in the capacity of adviser. Alameda Research is the quantitative trading company set up by FTX crypto exchange founder Sam Bankman-Fried in 2017.
12.08 / 15:45
business
Huobi
stake
Huobi co-founder reportedly looks to sell majority stake valued at over $1B
Leon Li, the co-founder of global crypto exchange Huobi, is reportedly in talks to sell the majority of his stake in the company that could be valued at over $1 billion.
10.08 / 13:21
regulation
lending
Bankruptcy
Voyager Digital reportedly had deep ties with SBF-owned Alameda Research
Voyager Digital, the crypto lending firm that went bust due to the crypto contagion initiated by Three Arrow Capital’s (3AC) insolvency is currently fighting its bankruptcy court battle. The court proceedings and financial documents have shown a deep relation between the crypto lending firm and Sam Bankman Fried-owned Alameda Research.
20.07 / 21:03
business
Funding
FTX and FTX US seek even more funding following acquisitions: Report
Crypto exchange FTX and its United States subsidiary FTX US have reportedly each set new fundraising targets following the firms planning several high profile acquisitions and credit lines to firms.
04.07 / 06:01
Bitcoin
Bitcoin Price
SBF denies FTX is eyeing distressed crypto mining companies
Sam Bankman-Fried, the founder of crypto exchange FTX, has calmed speculation that the company is exploring acquisitions of distressed crypto mining companies, clarifying on Twitter on Saturday that they “aren’t really looking into the space.”
02.07 / 08:39
lending
M&A
FTX
suspensions
Crypto Turmoil: 3AC Files for Bankruptcy, FTX and BlockFi Agree, Suspensions at Voyager
Multiple important news reached the market as another week of harsh crypto winter neared its end, providing more clarity on where some major industry players stand.
27.06 / 23:43
business
Robinhood
Crypto exchange FTX is looking into acquiring Robinhood: Report
Cryptocurrency derivatives exchange FTX is reportedly eyeing a takeover of Robinhood Markets, the popular trading app that introduced millions of traders to Bitcoin (BTC), Ether (ETH) and Dogecoin (DOGE).
22.06 / 06:30
business
SEC
SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo
Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play out,” to create a more sustainable industry.
20.06 / 09:43
business
Blockchain
Liquidity
SBF and Alameda step in to prevent crypto collapse contagion
Sam Bankman-Fried’s (SBF) Alameda Research is “stepping in” to prevent further contagion across the crypto sector during the current bear market.
17.06 / 18:23
business
FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market
Cryptocurrency derivatives exchange FTX has entered into an agreement to purchase Canada-based crypto platform Bitvo.
07.06 / 16:19
business
Blockchain
freeze
NOT
FTX will not freeze hiring amid layoffs at other crypto firms, CEO states
Amid unfavorable market conditions, some cryptocurrency-related firms decided to cut their workforce or freeze hiring. However, crypto exchange platform FTX will continue hiring new personnel as the crypto winter continues.
19.05 / 00:15
business
regulation
Elections
Fried
PAC
Candidate supported by Bankman-Fried-linked PAC loses Oregon primary
Andrea Salinas has won the Democratic primary election for the newly created Oregon 6th District seat in the United States House of Representatives. Practically since it started, the election race was the object of intensive media attention, which most often centered around Salinas’ opponent Carrick Flynn, whose campaign was generously funded by the Protect Our Future political action committee (PAC) backed by billionaire FTX CEO Sam Bankman-Fried. The PAC paid for a flood of advertising supporting Flynn.
05.04 / 20:21
cryptocurrency
World News
A 30-year-old crypto billionaire wants to give his fortune away
The Economic Club of New York has hosted kings, prime ministers, and presidents, as well as Amazon.com Inc.’s Jeff Bezos and JPMorgan Chase & Co.’s Jamie Dimon. Central bankers’ comments at the 115-year-old organization have moved markets. Sam Bankman-Fried, a 30-year-old cryptocurrency billionaire, is probably the first person to play a computer game while giving a talk.
04.01 / 08:51
Adoption
regulation
SBF ‘optimistic’ about institutional crypto adoption in 2022
FTX crypto exchange founder Sam Bankman-Fried is optimistic that clarity provided by regulators around the world will stimulate institutional adoption rates for crypto this and subsequent years.
11.11 / 20:27
business
Volatility
Q3
FTX US sees daily volume, users surge in Q3
United States crypto exchange FTX US registered a large uptick in trading volumes and investor activity during the third quarter, underscoring heightened retail appetite for digital assets amid the volat bull market.
facts about Sam Bankman-Fried
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