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Cryptela — Cryptocurrency News and Market Intelligence
Bitcoinist 2022-11-10 02:39:01

Sam Bankman-Fried Not In The Bloomberg’s Billionaire Club Anymore

Following the crisis in FTX, the firm’s CEO, Sam Bankman-Fried (SBF), has been trying to salvage the exchange. He has been gathering resources and funds from other subsidiaries and SBF-owned companies like Alameda to support FTX. FTX crypto exchange has been struggling recently due to liquidity issues. As a result, the firm is gradually sinking
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